Dislikedwoohm, a few days we talked about an accumulation range and an outbreak, and here we go.
maybe it will start to move now.
From ichimoku point of view:
Price has broken the daily ichimoku cloud (called kumo) and is in bull land now, but most time, if this solid resistance is broken there is a retest to proof, if this kumo cloud will now act as new support, so i will watch 4 h candles around the cloud for going long again.
4 h chart looks promissing shooting star for a retrace.Ignored
When this pair breaks out, it moves so so fast. I looked at it one minute, then a few minutes later it had moved nearly 100 pips...! Now, as you said, it's about buying into the lows.
Probability Professor