The pair has been in a small channel that has lasted 1.5 months, The channel doesn't have many bounce points so it's not a strong as i'd like. The downward channel within is much more significant as the price has bounced 3 times off the top and around twice on the bottom side.
Buy at the green line, sell at the red line.
Usually you should risk 1% of your capital on each trade but i'd be risking 0.5%.
Buy at the green line, sell at the red line.
Usually you should risk 1% of your capital on each trade but i'd be risking 0.5%.