PRICE on a triangle atm touching the uptrend line in the triangle we saw immediate rejection even touching it twice which give us an edge when longing on this pair
WE HAVE been keeping track of this pair and we hhave been having a nice uptrend, despite of this a strong downtrend line is possiblly putting the end to this uptrend nevertheless, im predicting a double top before finally going down which we will take advantage of it.
as we saw last week gj tried to break the general uptrend it had been had but we are seeing correction on the pair this one trying to join the trend again so we have this strong bias if price joins trend and surpasses the important bue zone
i have certain uncertainty about this trade as we have a strong 2008 downtren heading to us and a double top on that and aswell we have an possible start of a downtrend on the d1 so we will see its a very risky trade i ll enter but with strict risk management
