2017-05-03:
Price action has entered consolidation after a bullish period of 531 pips. The price action remains Bullish above the SMA50 and Inner trend line.
Waiting for a breakout from the Triangle Pattern to indicate trend reversal or continuation. D1 levels of historic resistance are sitting right above, and have been tested by, the recent price moves. No double top formed so no clear indication yet. D! shows Bullish trend continuation.
I might expect a re-test of support at 1.36827 from previous channel high (resistance).
Price action has entered consolidation after a bullish period of 531 pips. The price action remains Bullish above the SMA50 and Inner trend line.
Waiting for a breakout from the Triangle Pattern to indicate trend reversal or continuation. D1 levels of historic resistance are sitting right above, and have been tested by, the recent price moves. No double top formed so no clear indication yet. D! shows Bullish trend continuation.
I might expect a re-test of support at 1.36827 from previous channel high (resistance).