The white line indicates a powerful reversal zone.
If price ignores this zone, it could continue up for another 250 pips to the pink channel high.
Alternatively, price could fall and we could see a retracement of 300-500 pips.
The next 6 hours will be crucial in determining which way I trade.
If price ignores this zone, it could continue up for another 250 pips to the pink channel high.
Alternatively, price could fall and we could see a retracement of 300-500 pips.
The next 6 hours will be crucial in determining which way I trade.
