It has been a lengthy consolidation for 2 weeks. Price has touched 2013 high and now seems to be doing a flush of a 2 weeks high , pending day close.
I have a h1 macd divergence identified , although the channel is a bit awkward.
Definitely , I wont be shorting at the low when channel break. It has got to be about now with about 30-40 pips of SL, going for 150-300 pips worth of movement.
I have a h1 macd divergence identified , although the channel is a bit awkward.
Definitely , I wont be shorting at the low when channel break. It has got to be about now with about 30-40 pips of SL, going for 150-300 pips worth of movement.