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.
Комментарий:
15m/1H dual chart helps to follow price
Комментарий:
sorry 1H - 15m
Комментарий:
On our 15m chart we have either a bearish flag or an ascending channel
Комментарий:
1st take profit hit
Комментарий:
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
Комментарий:
Hit top of range take profit
Комментарий:
Bounce of top of range short trade
Комментарий:
Bullish breakout of range top
Комментарий:
Price took out take profit at -61.8% fib like a freight train
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