Upon analysising this pair again i realised there maybe a retracement occurring. My analysis is only based of channels and fibonacci retracments aswell as Exponential Moving Averages -Bulls are pushing the price up till the 50% line which is blue -Price will reach a point on the blue line within the circle -Once line has been hit or surpassed by a bit the bears...
Just widened the channel the price will be going up. It just finished a retracement so now would be the best time to open a long position
-Changed some of the analysis. -Still using channels and fibonacci retracement -Same idea to long till it hits the diagonal boundary at the top -Short After it hits the boundary
Another idea completely based of channels and Fibonacci Retracement
The chart shows it all im just basing this idea of channels and support and resistance lines aswell a fibonacci replacement