Looks like a solid triangle here and from the looks of it we will probably see a break on the upside. But every triangle can go both ways. So i am going to wait for some confirmation first. So i want to see it move like one of the blue lines first before going in the trade. So a break of the triangle and a retest.
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Previous analysis:

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Previous analysis:

Not
So we broke the resistance and made a quick textbook pullback to test the former resistance zone. Pullbacks don't always happen, but with FX they usually do, if we don't see a big squeeze at the breakout. On the right we can see that we might even have done that bigger pullback already (yellow zone). With FX pullbacks are not always textbook to bounce up from the former resistance zone. So i am going to keep my stop around that green support on the bottom right chart, just below the entry. If we start to move up i will slowly move my stop up as wellNot
Before i forget, i have drawn a big bearish wedge on the left, which is my next game plan. Will depend on how things go the coming daysNot
Still following the blue line (pullback scenario), but imo it has dropped a bit to much to be very convincing. There is still a chance for another move up, but i don't think it will be that strong. If we get towards the high of that possible wedge, i will close take profit and might even turn short there.Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.