Still respecting ascending channel pattern ; Potential short

2020-02-27 13:28:09

Hello Traders,

if you have been following us you may have noticed that we have been able to predict reversal from bottom of range nicely and price has been also respecting technical levels which made it easy to trade this pair..

As per last analysis we bought from channel bottom after retracement , and now price is reaching possible resistance near 1
.0940 zone ,

Till price remains in ascending channel we would like to buy on dips ...however if price moves higher on impulse and tests 1.0940 -1.0960 range today it will provide us short term intraday sell opportunity in pair.


In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .