Breaks triangle pattern with strong volume
Bankers chips (RED bar) increase
Well supported by Ribbon Trend.
Comentarios:
Fast sell was triggered around 1.77.
But judging from selling volume is relatively low.. it seems like this is a healthy retrenchment
Hence, i consider it's more towards retailer is selling or profit taking.
Banker's Chip is around.
It seems like supported by EMA20 and Key Fibo Retracement Level 0.618. This level is very important to stay VERY BULLISH.
Must not break below 1.3, else we will see trend change... I think 1.3 will hold.
My plan is to move to H1 or H4 to further buy when there's BUY Signal around 1.3-1.4
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Fast sell was triggered around 1.77.
But judging from selling volume is relatively low.. it seems like this is a healthy retrenchment
Hence, i consider it's more towards retailer is selling or profit taking.
Banker's Chip is around.
It seems like supported by EMA20 and Key Fibo Retracement Level 0.618. This level is very important to stay VERY BULLISH.
Must not break below 1.3, else we will see trend change... I think 1.3 will hold.
My plan is to move to H1 or H4 to further buy when there's BUY Signal around 1.3-1.4