Forex Trading 2018- TA/FA- Setups and discussion, page-3608

  1. 2,725 Posts.
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    Hi GenY

    Nice Chart, looks like a Short at present perhaps. Keep them coming.

    For me I wouldn't trade it and here's why. I consider it a 50% chance it will go down and 50% chance it will go up.
    All I see is a pair that's stuck in a Consolidation zone with no clear direction given by the higher time frames.
    All I see is a pair that's running into strong Resistance areas both long and short.

    I would however consider a trade on M5 after London Open it this pair moves fast either way.
 
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