This pair has been trending upwards since the latter part of September 2018 now reaching a resistance level last seen in August 2018.
I have drawn a trend line to be indicative of the current up-trend and I am looking for price to pull back from resistance and break the trend line level in order to qualify for a sell order. Keeping price action in mind to see if there will be any congestion around resistance as this could signal another move higher if the resistance level breaks.
Waiting to see how price will play out. React, don't predict :)
You can connect with me here:
Email : vernon@profitfx.co.za
Web : www.profitfxza.com/members
Telegram : t.me/joinchat/AAAAAD3D-mioKTZ0ol6S4A
Whatsapp : +27814603351
Feel free to read up on my own trading software I have developed here:
www.profitfxza.com/chartmaster
I have drawn a trend line to be indicative of the current up-trend and I am looking for price to pull back from resistance and break the trend line level in order to qualify for a sell order. Keeping price action in mind to see if there will be any congestion around resistance as this could signal another move higher if the resistance level breaks.
Waiting to see how price will play out. React, don't predict :)
You can connect with me here:
Email : vernon@profitfx.co.za
Web : www.profitfxza.com/members
Telegram : t.me/joinchat/AAAAAD3D-mioKTZ0ol6S4A
Whatsapp : +27814603351
Feel free to read up on my own trading software I have developed here:
www.profitfxza.com/chartmaster
Stop loss 1.00108
Take Profit 0.98797