rising wedge......break to the down side is enticipated
basic support and resistance and the RSI approaching the over-bought area.
looking to buy this pair after the break of the descending wedge, and and again this pair is oversold.
looking to sell this pair after a break and a re-test of this ascending channel.
we violated the previous low,,,,telling me that we might continue to go down
we just hit the .618 retracement level now looking for a D extention.
just broke the trend line, looking for the violation of the previous lower high the a re-test and finally and extension.
looking for the break of the channel and a re-test and then an extention
looking for the break of the channel , retracement then an extension
i think this pair is going up to 1.28094 level as our target . if it retest the 1.274373 level then we can get an opportunity to add to our position.