1.14838 is a strong resistance level ( shown with purple arrows is where price has touched and bounced off this level ) We also have 2 very respected trendlines formed that have been used as strong support ( blue arrows show where price has touched them and bounced )
We can se price moving to the upside to our 1.14838 area of resistance, so we are in a buy position, but when price gets to this level we will be keeping a very close eye on it because there is a possibility that price will break this resistance and shoot up.... and if this happens we want to be there to catch this move and scale up adding positions.
So follow the trend lines like a sheep so we can laugh all the way to the bank...
We can se price moving to the upside to our 1.14838 area of resistance, so we are in a buy position, but when price gets to this level we will be keeping a very close eye on it because there is a possibility that price will break this resistance and shoot up.... and if this happens we want to be there to catch this move and scale up adding positions.
So follow the trend lines like a sheep so we can laugh all the way to the bank...