the short is more risky at the moment but tradable as the risk reward is good 2:1. However the buy setup is more profitable to me but keep in mind you could put your stop loss for the but under the starting of the impulsive in case it goes crazy
this is another good opportunity to sell good luck and sell it a the break of the trend line
I will watch this closely to see how it will develop . I am expecting a nice flag that does not goes under this channel
I think we need to see a clear correction before acting
wait for it to complete the correction to buy
we need to wait to see the impulsive before deciding wither we have a valid buying or not
we are in correction it may take time but we need confermation from macd befre buyg
before doing anything you have to wait for the macd to complete green and close to see a full correction. if the macd close green and did not break to the up side and break the down channel wait for correction before trading it . if you have different view please comment
don't jump to this one until we have a closing candle the clearly break the trend line
wait for the breakout under 113.80. we must close below 113.80 with at less 20 pips to confirm the sell . other wise i will look for a buying setup in the next few days
the price broke the trend line and confirm sell setup .
the price broke the trend line to confirm the sell setup . this might go more than our target