Hello guys, wish you all a good evening ๐๐พ
Here is a pair I dont trade for quite a while, but I couldn't help noticing another break through and re-test on this pair.๐คฏ
Here we have 2 ragging channels marked with the letters A & B.โ
Last week we had another break through and re-test (C) & C'), from the channel A to the channel B.
After some days consolidating, we had our second break through and re-test (D) & (D'), iniciating the breah through exactly after hitting our up trend line (E), making us believe that the pair will create another ragging channel, so the pair will have to push itself up.๐
We might close this position as soon as it reaches its previous high value, or wait for another POSSIBLE break through.๐๐พ
Leave here your opinion about this idea.๐๐ก
DONT FORGET TO FOLLOW US AND SHOW US SOME LOVE ๐๐พ๐
Here is a pair I dont trade for quite a while, but I couldn't help noticing another break through and re-test on this pair.๐คฏ
Here we have 2 ragging channels marked with the letters A & B.โ
Last week we had another break through and re-test (C) & C'), from the channel A to the channel B.
After some days consolidating, we had our second break through and re-test (D) & (D'), iniciating the breah through exactly after hitting our up trend line (E), making us believe that the pair will create another ragging channel, so the pair will have to push itself up.๐
We might close this position as soon as it reaches its previous high value, or wait for another POSSIBLE break through.๐๐พ
Leave here your opinion about this idea.๐๐ก
DONT FORGET TO FOLLOW US AND SHOW US SOME LOVE ๐๐พ๐