I have been following this pair and trying to decide where i think its going next. The monthly and weekly show a uptrend from 2011. Also the long term tf chart shows plenty of playing room from the early 2000 to mid 2005 in the 81 to 92 price area. I understand thatthe world economics were very different back then, but here we are in that same space years later. …See More
"Hello Glider, long time no see !! I am thinking we may see another attempt to break 94.167 and then a fall to 92.17 before heading up - yes it is in an uptrend as per weekly/monthly. I will be looking to see if I get a price action signal on H1 or…"
"Hey Guys I agree with Chaos Trader and if I Break it down to the 1hr chart this what I see and even if my target is not 91,071 I could change my view on price action. I agree that we have to have a retrace to get rid of short term o/sold…"
"What would you do if the next candle was really bearish and closed at 92 or maybe even lower essentially traveling most of your anticipated move before giving you an opportunity to enter by your guidelines ?"
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