Price is trying to break out of bearish flag pattern, but quickly came back into flag range. Watch for a daily close before looking to go short, as price is trying to trap sellers by the looks of it.. Once breakout of flag pattern, the first target would be at weekly support 147.500. If we break below this level the uptrend will be invalidated & price will most likely be heading to its daily uptrend line at around 144.100 support level.
Trade with care! :)
Trade with care! :)
Commentaire:
waiting for a cleaner break to the downside
Commentaire:
to bad I didn't check this pair last night, would have made some good money lol
Commentaire:
touch to counter trend line & 61.8 fib I missed it was away from my computer : (