The pair has indeed broken through the expected 18.8500 area, and the scenario played out well. the decline did not go a sharp as I wanted it to be, as the 18.6500 has not met as yet.
The parallel channel shows we have a range of 18.6700 - 18.8900 and this will be the paying field for coming sessions is my feel. Ultimately we should see 18.6000 GANN test I believe.
Strategy BUY @ 18.7250-18.7400 and take profit @ 18.8875 with SL below 18.6550.
OR
Strategy SELL @ 18.8850 - 18.8650 and take profit @ 18.6850 with a SL @ 18.9450.
The parallel channel shows we have a range of 18.6700 - 18.8900 and this will be the paying field for coming sessions is my feel. Ultimately we should see 18.6000 GANN test I believe.
Strategy BUY @ 18.7250-18.7400 and take profit @ 18.8875 with SL below 18.6550.
OR
Strategy SELL @ 18.8850 - 18.8650 and take profit @ 18.6850 with a SL @ 18.9450.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.