For my previous post and context see below:
We saw the first move up last week and price is currently in a consolidation. I like to see a break out for a buy opportunity. The green and red arrows show my preferred pattern for now but we will see. First thing to watch for is the break. I'm not selling this pair based on current price action, only a break below the previous low might shift my bias towards bearish trade opportunities.
www.timstuyts.com
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We saw the first move up last week and price is currently in a consolidation. I like to see a break out for a buy opportunity. The green and red arrows show my preferred pattern for now but we will see. First thing to watch for is the break. I'm not selling this pair based on current price action, only a break below the previous low might shift my bias towards bearish trade opportunities.
www.timstuyts.com
facebook/timstuyts/
