High volume bounce.
At Major Support.
Still consolidating within channel/flag.
Looking to make a move to the upper end of the consolidation pattern and back to MA's. Maybe a couple of pips to pull.
No real direction is yet determined so this is still either a accumulation zone or distribution. As always, care for the break out either way.
At Major Support.
Still consolidating within channel/flag.
Looking to make a move to the upper end of the consolidation pattern and back to MA's. Maybe a couple of pips to pull.
No real direction is yet determined so this is still either a accumulation zone or distribution. As always, care for the break out either way.
Comment:
More than halfway to target. Take some profit and set to B-E or in profit.
Trade closed manually
