Dislikedim sorry for the image quality
dont know why it came thisway ...looks fine in my comp
by thae way
it broke the channel
if next candle also breaks the channal
does it make it a potential long ???
thankyouIgnored
Incase you would be taking the 4H trade, wait for the price to close above the channel and enter on the retest. But I would skip this and take a short only whenever the opportunity presents itself. If you look at Daily - the Daily channel is at 0.9320 levels, so this upmove even if it comes the daily channel will make it very choppy.
And a lil' abt my trading style, I avoid long or shorts if the stocs are overbought or oversold and if you look at all the pairs UC, EU stocs are at their extremes, hinting either price will consolidate or it will reverse at some point of time. I have hardly seen price disrespect stocs so badly. But anything is possible. Lets c !