Pair has been in a 1H range for a while
Price at bottom of range
Wicks at bottom of range shows no sellers
If price reverses it can rise to 50 sma and pause
Price could consolidate there or break above 100 sma
Price could then rise to top of range.
Price at bottom of range
Wicks at bottom of range shows no sellers
If price reverses it can rise to 50 sma and pause
Price could consolidate there or break above 100 sma
Price could then rise to top of range.
Commento:
15m/1H dual chart helps to follow price
Commento:
sorry 1H - 15m
Commento:
On our 15m chart we have either a bearish flag or an ascending channel
Commento:
1st take profit hit
Commento:
Price fell back into ascending channel
Price now has broken above channel
Price has entered 2nd long trade
Price now has broken above channel
Price has entered 2nd long trade
Commento:
Hit top of range take profit
Commento:
Bounce of top of range short trade
Commento:
Bullish breakout of range top
Commento:
Price took out take profit at -61.8% fib like a freight train
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