We are looking at this channel quiet a long time, and enjoying the profits that it make fore us. But it maybe an end, unless it reverse and get back in the channel and make that break a fake one. Sincerely i didn't expect this one to break the top so soon but next week would give us a clue. i don't trade these kind of break outs most of the time , and choose the watch and see strategy. Even if it don't get back to the channel , I highly expect to make a correction around 1.3307.
If you want to see how I trade this pair
you can easily follow me on FXTM Strategy Manager Account.
You just need to sign-up there and find “Hermya-com” in the search field.
If you want to see how I trade this pair
you can easily follow me on FXTM Strategy Manager Account.
You just need to sign-up there and find “Hermya-com” in the search field.