Dislikedusd news nfp all good
housing news smoking ...
so now lets look at chart
clear sellers at top of channel 1.5300. We have to wait for next session to see reaction to this. So far I have only seen calls of 1.7000..lol.... that cracked me up but each to their own .
GU could be in this 400 pip wide channel for weeks still .
All I know for now is we saw sellers on NFP . LOW volume testing top iof channel in non existant session last 24 hours and now selling off that channel top on 60 / 30 and 15m in volumes.
At the monent I am...Ignored
I'm who calling for 1.7
but after certain conditions I mentioned in this post.
DislikedSorry it is too early to say that but I have to say.
a close above (Daily/Weekly) the white line (260 SMA) we will see 1.7 and beyond.
but now I'm waiting for the double bottom pattern confirmation which is Closing above 1.5380.
this pattern target is 590 pips. you can get it by calculating the pattern target.
it means 1.5380 + 590 = 1.5970
but I will be conservative, my initial target is 1.5820.
Let's see.Ignored