Uptrending market, respecting the trendline. Retracing back to the 61.8 line before the bulls takeover and head for my two targets. Looking to open twin trades 2% of account balance & move Stop loss to Stop profit +5 pips once the trade is up 30 pips
I see a channel which has been respected. The bearish pull back is about to happen to the next zone which falls at the 61.8 retracement coinciding with the trend line to the upside. I see a bullish push after the pullback around the 1.15820 area