The median line of the modified schiff and its sliding parallel create a descending channel which works phenomelly well with price finding support and resistance everytime it reaches them. It is now approaching the upper parallel into a corrective structure, so keep a closer eye for a sell setup completion. Stops should be placed above 0.99400 and profit targets at 0.98500.
I wish you Merry Xmas!
All the best to you and your families,
John
p.s: Spot your FREE seat in my four weeks training course on median line analysis (January Class). Info in the signature box below..!
I wish you Merry Xmas!
All the best to you and your families,
John
p.s: Spot your FREE seat in my four weeks training course on median line analysis (January Class). Info in the signature box below..!
