The market has maintained its zig-zag movement inside the bullish channel for a month now. This only shows how both currencies are fighting for power and how very liquid the market has been.
Just a little glitch though, and that is the fact that You'd have too either place a limit order for when the market hits the support diagonal line, Or you could play conservative and wait for the market to reverse to its bullish movement before you place your orders.
For those who care to know, this will be a 203 pips profit if the market moves as predicted. Risk-reward ratio 1:5.
Just a little glitch though, and that is the fact that You'd have too either place a limit order for when the market hits the support diagonal line, Or you could play conservative and wait for the market to reverse to its bullish movement before you place your orders.
For those who care to know, this will be a 203 pips profit if the market moves as predicted. Risk-reward ratio 1:5.