Hello Traders, I’m Mani and I’m the writer of Trade 77 section, please follow me on twitter for further updates.
Price launched off 0.8330 and increased 6 days in a row in the daily channel which I noted before. Price is now struggling at the upper bond of the channel and break above this trendline will indicate more strength in this pair.
Also we have got a H1 bearish gartley pattern:
But these are not enough to go against such a strong trend like that, so the best place to board on the bus to the south will be a break below the H1 trendline:
I want to mention that watch price action around the H1 trendline carefully and we could have a good long setup there as well. So do not go short without a CLOSE below that trendline and be patient.
Make sure that you are following me on twitter so you can be informed of any trade calls for this pair and if you found this post useful let your followers to read it too, so please retweet this article with the button above of the article.
If you want to receive my weekly report you can fill in the form here and we will send it directly to your email address.
Latest posts by admin (see all)
- How to Use Candlestick Patterns to Start Winning More Trades - March 19, 2017
- Weekly Review Strike 3.0 - December 16, 2016
- I made 3.91% Return Today - October 20, 2016
Winner’s Edge Trading, as seen on: