I think breakout towards higher prices will happen strongly because of following evidences:
1- this pair is in a range for around a year.
2- we have a mini-trend-line showing an uptrend for 10 days.
3- we see a 10 days buildup just bellow the top of channel.
4- EMA20 is touching lows of buildup candles .
but note that: it is 1 year old range channel, it needs a strong and clear and complete breakout ....
personally ,I will be waiting for the 1st pullback and valid trigger to long.
1- this pair is in a range for around a year.
2- we have a mini-trend-line showing an uptrend for 10 days.
3- we see a 10 days buildup just bellow the top of channel.
4- EMA20 is touching lows of buildup candles .
but note that: it is 1 year old range channel, it needs a strong and clear and complete breakout ....
personally ,I will be waiting for the 1st pullback and valid trigger to long.
Giao dịch đang hoạt động
Giao dịch đang hoạt động:
if you are not in long, wait for 1st pullback
Đóng lệnh: đạt mục tiêu
Bình luận:
price action works