Disliked{quote} You're right, there is a channel. And a support around 0.95, somewhere. So we should probably wait to see if these will stand the price- if it will drop further- and then look for the 50% retrace to enter (+ the other signals, candles, etc)?!Ignored
Yes price has come down to that lower channel. It's come down a bit from major resistance (horizontal) on a weekly chart and just crossed back through a sloping down trend line. It's not clear to me yet what it may do - so if it's not clear I just wait. I only try and trade the clearest signals I can - those tend to be the safest. We're cherry picking the best set ups.
Cheers