Price has been travelling inn an ascending channel marked out in black, price hit the top of the channel recently. We are expecting price to come down to retest the previous higher high to make a lower low at the bottom of the channel.Once price has hit the bottom we are expecting price to then go up to 1.13412 the next resistance point.
Trade closed: target reached:
SHORT TRAGET REACHED, LOCKED AND LOADED FOR THE LONG TRADE
LONNG TRADE ENTRY HIT
Trade closed: stop reached:
PRICE SHOT STRAIGHT THROUGH CHANNEL AND STOP LOSS HIT