Price has broken the trend line from daily high to H4 high. Also, it retested so now it is the impulse move going up perhaps. Check this out and feel free to post your comments. Happy trading!
The chart is marked up using Daily time frame and then the H4 time frame. The support and resistance lines are drawn from previous times when prices failed to break them and the lines and zones are named accordingly. The trend seems to go upward after a false breakout and you can clearly see that it is an upward trend. So we know that going long is the most...
The trend line of highs is broken and also, the lows are getting higher and higher on H4 timeframe. A harmonic on H1 timeframe too suggesting a price to go up and a 110.15 as the extreme demand zone. Also watch out for JPY news on Monday