Hello guys, wish you all a good evening ππΎ
Here is a pair I dont trade for quite a while, but I couldn't help noticing another break through and re-test on this pair.π€―
Here we have 2 ragging channels marked with the letters A & B.β
Last week we had another break through and re-test (C) & C'), from the channel A to the channel B.
After some days consolidating, we had our second break through and re-test (D) & (D'), iniciating the breah through exactly after hitting our up trend line (E), making us believe that the pair will create another ragging channel, so the pair will have to push itself up.π
We might close this position as soon as it reaches its previous high value, or wait for another POSSIBLE break through.ππΎ
Leave here your opinion about this idea.ππ‘
DONT FORGET TO FOLLOW US AND SHOW US SOME LOVE ππΎπ
Here is a pair I dont trade for quite a while, but I couldn't help noticing another break through and re-test on this pair.π€―
Here we have 2 ragging channels marked with the letters A & B.β
Last week we had another break through and re-test (C) & C'), from the channel A to the channel B.
After some days consolidating, we had our second break through and re-test (D) & (D'), iniciating the breah through exactly after hitting our up trend line (E), making us believe that the pair will create another ragging channel, so the pair will have to push itself up.π
We might close this position as soon as it reaches its previous high value, or wait for another POSSIBLE break through.ππΎ
Leave here your opinion about this idea.ππ‘
DONT FORGET TO FOLLOW US AND SHOW US SOME LOVE ππΎπ