the price move inside upward channel while make correction of main downward trend
which started from 76.90 ( 03.10.2018 ) . so may is will be continue till 60.25 - 61.75 - 63.50 .
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >