expect further up trent
possible retrace to 1.0850/ 1.0750 before bullish continuation
if trade below and close below 1.0500 than bearish to
Conversion zone upper line 0.9320 to lowest buy/sell line at 0.8850
possibly as low as the lowest from 2000 to 2002
0.9320 was the bullish break out in 2002 market has not returned
to this level yet.
on the other hand the market has jet to return to the bearish break out
from the lowest low level from 05/2010
I expect a touch back to the level's of 2010 and 2012
for now my trade zone is between 1.0730 / 1.1500 give or take 50 pip
possible retrace to 1.0850/ 1.0750 before bullish continuation
if trade below and close below 1.0500 than bearish to
Conversion zone upper line 0.9320 to lowest buy/sell line at 0.8850
possibly as low as the lowest from 2000 to 2002
0.9320 was the bullish break out in 2002 market has not returned
to this level yet.
on the other hand the market has jet to return to the bearish break out
from the lowest low level from 05/2010
I expect a touch back to the level's of 2010 and 2012
for now my trade zone is between 1.0730 / 1.1500 give or take 50 pip
