Swimming the English Channel (haha)

4 apr 2018

I was able to draw a parallel trend channel, and have two buy orders on the low of 1.4055. As long as the price is between the trends, there is an upwards trend bias. If it breaks the low (plus a 10 pip barrier for safety's sake) the bias turns bearish. If it breaks above, I'll sell on the retest and buy again to stay on trend. Additionally, market tested a fib retrace @ .618 but failed to break and kept market momentum bullish. Here's hoping :)