Price heading back to the resistance area for a potential double top.
- 5 wave completion at resistance, correction expected
Will have some slow movements and consolidation back down to support.
Expecting price not to break the neckline, and send this back to higher highs as I'm long term bullish
Mostly range trading here. Sell at the top, buy at the bottom.
- 5 wave completion at resistance, correction expected
Will have some slow movements and consolidation back down to support.
Expecting price not to break the neckline, and send this back to higher highs as I'm long term bullish
Mostly range trading here. Sell at the top, buy at the bottom.
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Monthly trendline is the one on the bottom where price bounced a few times.
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Closed recent trade. Waiting for 151.01
Still bullish on the pair, but must be weary of when we'll see the up move due to the impulsive down move we just saw.
Also, we have a monthly trendline (yellow trendline) that's should hold prices to the long side.