My bias for this pair is Long, but we have a significant 8EMA gap that needs to be filled. Also we have arrived at a significant resistance level at 117.360.
It has been rejected on the 4H TF and now we are heading south the the 8 EMA gap on the weekly at 115.500.
Once filled we will have another go at 117.360. If we can break this leve we are free to fly.
Disclaimer: I am still new to trading and testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.
It has been rejected on the 4H TF and now we are heading south the the 8 EMA gap on the weekly at 115.500.
Once filled we will have another go at 117.360. If we can break this leve we are free to fly.
Disclaimer: I am still new to trading and testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.