This pair just broke through the resistance and headed up to 1.1080. Seriouly, frightening for the bearish traders. Hope you set the stop loss.
As I said in my last chart, it's still in the bullish channel. Now it has come to the upside, which is also the "shoulders" before. So this is called "Nail", which theoretically is s bearish signal.
SO, I think it's time for a medium-term SHORT now.
FYI and thank you.
Linked to my former short-term analysis, which got "failed" for comparison.
As I said in my last chart, it's still in the bullish channel. Now it has come to the upside, which is also the "shoulders" before. So this is called "Nail", which theoretically is s bearish signal.
SO, I think it's time for a medium-term SHORT now.
FYI and thank you.
Linked to my former short-term analysis, which got "failed" for comparison.
