This ccy is trading in a uptrend channel now as seen on the 4H timeframe.
If we change to the 1H timeframe, we can see that the price has been rejected from the horizontal support and looking to retrace up. I will go long if the price on the 1H timeframe breaks out of the descending triangle and go long on retracement.
Do drop me a like and share with me your analysis in the comments below!
If we change to the 1H timeframe, we can see that the price has been rejected from the horizontal support and looking to retrace up. I will go long if the price on the 1H timeframe breaks out of the descending triangle and go long on retracement.
Do drop me a like and share with me your analysis in the comments below!