The pair is trading in our buying zone, so there are two main options:
(1) go long at current price, with big r&r.
(2) wait for confirmation from stochastic crossing back from oversold coupled with a break of the descending trend-line
We favor the more conservative 2nd alternative, and so we're following further developments in the near future.
(1) go long at current price, with big r&r.
(2) wait for confirmation from stochastic crossing back from oversold coupled with a break of the descending trend-line
We favor the more conservative 2nd alternative, and so we're following further developments in the near future.
