Last week we have broke the descending channel and we had a good daily close. that bullish candle is just an impulse so we will wait for some relief or exhaustion. when it finally breaks above the previous lower high creating short term higher high we would look for an buy. Lets see what happens. #One8_Trader
lets see how this play out.....there was an impluse and then relief and now we are hoping for another impulse downside. Timeframe 4hr
GBPJPY played out as expected.....
bhel shows a inside day pattern on 4hr chart,which has been broken. it can retest the 72.10 level before taking off to the new highs. The target will be around 74.20 lets see how this analysis goes. BE PATIENT,TRADE SAFE