Description of Chart:
Posted the narrowing range a while back. Advised you can either wait for a break out or trade the range. We have come down from the top resistance level and now sit around 0.7338 (200 points from the resistance). If you are trading the range you can wait to hit the yellow support line sitting today around 0.7130. The break out traders will have to wait a little longer for this one as the bulls and bears duke it out.
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Posted the narrowing range a while back. Advised you can either wait for a break out or trade the range. We have come down from the top resistance level and now sit around 0.7338 (200 points from the resistance). If you are trading the range you can wait to hit the yellow support line sitting today around 0.7130. The break out traders will have to wait a little longer for this one as the bulls and bears duke it out.
Website: www.lukelehepuu.com
Take a look at my website, you can become a member or sign-up to my weekly newsletter.
*** To get my ideas immediately you can follow me ***
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