8.11 AUSSIE
daily breakout move, retracement, continuation likely?
-pa reached target area w/a wick // wick rejection from W RES 0.7240 (upper TL of bull channel)
-a bullish channel added which explains daily sup 0.7140
4h:
-daily support 0.7140 and 4h key zone (orange/0.7125support-0.7135resistance) in confluence with each other
-W RES 0.7240 holding strong, pa tested 2x w/o breaking [double top formation]/upper TL of bull channel
-zone&sup are coming up along lower TL of bullish channel
1H/15m:
-pa consolidating around w resistance level 0.7240
-pa making a double top formation under W res 0.7240
-pa reached target area w/a wick // wick rejection from W RES 0.7240 (upper TL of bull channel)
-a bullish channel added which explains daily sup 0.7140
4h:
-daily support 0.7140 and 4h key zone (orange/0.7125support-0.7135resistance) in confluence with each other
-W RES 0.7240 holding strong, pa tested 2x w/o breaking [double top formation]/upper TL of bull channel
-zone&sup are coming up along lower TL of bullish channel
1H/15m:
-pa consolidating around w resistance level 0.7240
-pa making a double top formation under W res 0.7240
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