Little analysis of the different scenarios that could happen for the pair.
I had last week speculating on a fall in the pair and this in order to reach the bottom of the bearish channel, I had sold at 1.10670, the price arrived at 10060 but surprised me with the long green candles of last Friday after a fall of 80 pips, we can say that I was greedy and reckless on this one.
This week, we will have the right to two possible scenarios,
- Either the rebound on the top of the channel with +70 pips (quite risky I doubt that I would take)
-Or can you think that this is a pullback after a head shoulder (It is great in all that), knowing that the head was 150 pips and that the drop it did not even exceed 95/100, but hey it's not an exact science.
Signals will be posted on my account as and when the advent, do not forget to subscribe!
I had last week speculating on a fall in the pair and this in order to reach the bottom of the bearish channel, I had sold at 1.10670, the price arrived at 10060 but surprised me with the long green candles of last Friday after a fall of 80 pips, we can say that I was greedy and reckless on this one.
This week, we will have the right to two possible scenarios,
- Either the rebound on the top of the channel with +70 pips (quite risky I doubt that I would take)
-Or can you think that this is a pullback after a head shoulder (It is great in all that), knowing that the head was 150 pips and that the drop it did not even exceed 95/100, but hey it's not an exact science.
Signals will be posted on my account as and when the advent, do not forget to subscribe!
