AS SHOWN IN THE CHART THE PAIR HAS BEEN TRADING WITHIN A TRIANGLE. THE RECENT MOVE WAS SOMEWHAT CONFUSING TO MOST TRADERS AS IT DID NOT BOUNCE OF THE TRENDLINE. THIS COULD BE A SIGN OF A BIG MOVE COMING IN. IF WE BREAK AND CLOSE ABOVE TRIANGLE THEN LONG AND VICE VERSA FOR SHORT.
Comment:
guys we are closing in, get your long or short ready if it breaks either way