Price has already hit my resistance from the left shoulder and now currently pushing to 1.59200. Look for a break at this area. 200+pips incoming and possibly an even bigger move!!!
This Pair has currently broken my Daily Trendline. and now moving in a Ascending Channel. I am now waiting for the pair to reach my Support & Resistance Level which also touches the Daily Trendline and the Bottom Level of the Ascending Channel. Possibly a 170+ Pip move.
Found a Head and Shoulders Pattern in the Daily Time Frame. Already brought at the Lower Resistance Level targeting the Neck Line at just under 230Pips. If it hits my target zone, i will be looking for a big move to the downside; possibly breaking the bottom Support and Resistance.
This pair has currently broken my Daily Trend Line, now i am just waiting for a good rejection from the Support & Resistance or the Trend Line before entering. There may be a possibility for there to be a descending wedge also to confirm its direction. As long it breaks above the smaller trendline.
