Repeat of pattern and Weekly Re-test
If you look back on the weekly from March up to now the market has been moving in a very predictable manner.
First it breaks a level, then it ranges withing a 100+ pip range then it breaks out on the last week of the month only to re-test the broken level to push further up.
The monthly, weekly and daily are all bullish and price is pushing up to the monthly supply zone around 1.36377 support level.
I'm assuming that the same pattern will play out again so i'll be looking to take a buy on this level. If i'm stopped out, there is a H4 level that needs a retest @ 1.34500
First it breaks a level, then it ranges withing a 100+ pip range then it breaks out on the last week of the month only to re-test the broken level to push further up.
The monthly, weekly and daily are all bullish and price is pushing up to the monthly supply zone around 1.36377 support level.
I'm assuming that the same pattern will play out again so i'll be looking to take a buy on this level. If i'm stopped out, there is a H4 level that needs a retest @ 1.34500
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