the daily chart shows price in a descending triangle creating lower highs but the same lows. I'm expecting price to break out of this triangle and go up quite a lot of pips. Head and shoulder has formed and that gives me added confidence along with the way the fib levels have showed good rejection. Need price to break and test the 140.50 area before i would feel...
its retesting a nice channel , so if it breaks from here it could be a nice short...
already live and in this trade , joined at the 50 and expect it to go all the way down and complete the head and shoulders