After at least three failed attempts to break the last high price is back at the bottom of this nice big range and almost at the support zone
Whats possible:
1) Price goes on with its downward move and breaks n close through the support zone , indicates that we could try to short this pair
2) price gives us a bounce and gets rejected by the support and gives us the opportunity to get in a high profitable long trade due to the fact that price could starts its rally to retest the upper top of the range again .
Whats possible:
1) Price goes on with its downward move and breaks n close through the support zone , indicates that we could try to short this pair
2) price gives us a bounce and gets rejected by the support and gives us the opportunity to get in a high profitable long trade due to the fact that price could starts its rally to retest the upper top of the range again .
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