Following up my analysis of this pair on the Daily timeframe, we can go into H4 to look for potential entry position(s). Price has broken towards the upside out of a falling wedge.
I would look to go LONG on a pullback (ideally at the re-test of the trendline) with a Take Profit at the blue rectangle area.
I would look to go LONG on a pullback (ideally at the re-test of the trendline) with a Take Profit at the blue rectangle area.
Comment:
A pullback is now happening
Trade active:
Price has pulled back and bounced off trendline
Trade closed manually:
I have taken all profits. You can hold if it meets you rules to do so.
Comment:
Target hit if you held
