Afternoon Traders,
We have clear uptrend momentum, Id be very interested in seeing how price action responds to the last quarterly highs, (dark blue ray line) At the moment price action is clearly indicating to me further moves to the upside, signified by the large buying that is coming in every time price action tries to push lower,
I've highlighted my area of interest this is where i will be setting my order long if price action confirms it.
if we start showing signs of trend reversal this will usually be significant by large bearish candles, I will of course flip my bias and I will seek an entry to short this pair.
do you agree? let me know.
Thank you.
We have clear uptrend momentum, Id be very interested in seeing how price action responds to the last quarterly highs, (dark blue ray line) At the moment price action is clearly indicating to me further moves to the upside, signified by the large buying that is coming in every time price action tries to push lower,
I've highlighted my area of interest this is where i will be setting my order long if price action confirms it.
if we start showing signs of trend reversal this will usually be significant by large bearish candles, I will of course flip my bias and I will seek an entry to short this pair.
do you agree? let me know.
Thank you.