Price going Higher SHORT FROM 1.14 :DESCENDING CHANNEL
Hello...
Price is moving higher since been supported by bottom line of Channel , with US fundamental coming weak, price has been able to move further higher and now 1.14 seems in sight , where we find resistance levels... there is minor resistance at descending trendline just above price level and then we have Channel top line & Ichimoku Cloud near 1.14 zone,
we are waiting for price to show rejection at any of given levels to go short... Otherwise if price is able to move above ichimoku we will be LONG only on pair ..
PLease like , comment to let us know what do you think about this idea & follow us for more Ideas /updates..
Price is moving higher since been supported by bottom line of Channel , with US fundamental coming weak, price has been able to move further higher and now 1.14 seems in sight , where we find resistance levels... there is minor resistance at descending trendline just above price level and then we have Channel top line & Ichimoku Cloud near 1.14 zone,
we are waiting for price to show rejection at any of given levels to go short... Otherwise if price is able to move above ichimoku we will be LONG only on pair ..
PLease like , comment to let us know what do you think about this idea & follow us for more Ideas /updates..