DislikedLooks like a big BEOB forming right at support and confluence with an upward TL.
This could be a ride down to .99Ignored
I hope you see some lines between where PRICE is at now and 0.99!
If not, you know where to go and in a hurry!
First, having broken a 3 week support, we NEED to see what PRICE will do at confluence of support and psycho 1.5000.
Many a novice will lose his ass selling direct into support.
Then, if that support holds, we are then faced with the 3 week support (again but now acting as resistance) AND the resistance of the broken up TL, not to mention our 2 MAs now joined together.
Low risk, STRESS FREE trading is WAITING (PATIENCE) to see the outcome of all this and acting on PASR (DISCIPLINE).
However, if you want to gamble and fly in the face of probability, don't come back here crying (Crying - Roy Orbison)!
15 YEARS OF PASR ON FOREX FACTORY!