There should be more down on this pair, if price able to push higher to the zone, we can take a short
Price already at above 200 EMA, I am looking price to retest the previous resistant and get more bullish action
as shown on the chart, it just finished retrace and now should continue bullish
corrective move downside expect more upside
The weekly view for this pair is promising, and this pair is ready to be bought with decent stop loss, will update you the smaller time frame
History often repeat itself in this market, I am waiting for the price to break the last low and wait for bullish evidence
In order to enter this, have to wait for some correction, otherwise too risky as it already move , upward still around 150 pips
To understand what GJ is doing, look at the big channel with green trendline then compare to smaller channel with blue trendline, I always amazed how market just do same thing over and over again but I fail to recognize that they are doing it. They build the big channel by doing smaller channel. They do big wave by doing smaller similar wave. So Now I think you...
divergent and no longer able to reach the top of the channel
as shown on the chart, first long run has been done followed by retrace, now it is time for bull again