It looks as if we might get a breakout of the trendline soon! This level we need to exercise caution, it has not been broken yet. Still momentum and acceleration are pointing to a move downward from here. The breakout can be observed from a lower time frame and should too :)
Happy Trading, dont forget stops and be happy while you trade :) Its an adventure!
- ST
Happy Trading, dont forget stops and be happy while you trade :) Its an adventure!
- ST
Note
We have a breakout of the line drawn, now lets wait what the pair will do on these levels! Eyes sharp! :)Note
WE have a good and clear breakout :)Note
We have a good possibility to run down as far as 121.000 with this pair
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.