new channel

many of you see only downtrend blue channel and still see it will continue downt ... but you must try think little different and look on market different. Thats why I see this - we have 2 spikes down with new support line and i wrote we can have new up trend forming from downtrend. And above 1.160 will be real and no more down. GL all, my first TP still valid 1.163 and second 1.166(7). On 1.163 i recommend stop buy and wait. If we break that then 1.166(7) ... if 1.163 hold, then we will go to down of channel 1.156-8 and then up to 1.166(7).

Trade closed: target reached:

First TP hit