The pair found resistance at the 38.2% Fibonacci level of Blue wave 4 vs 3 which also doubles as the end of the previous 4th wave which is an important guideline for corrective patterns turning points.
HOW TO TRAD THIS.
Wait for the pair to break out of the channel before you look for sell signals in order not to be caught on the wrong side should in case of price rebound at the channel support.
You are just a profit away ...
HOW TO TRAD THIS.
Wait for the pair to break out of the channel before you look for sell signals in order not to be caught on the wrong side should in case of price rebound at the channel support.
You are just a profit away ...