Traders,
UPDATE: Price has had a very strong rally since I posted this pair (see related ideas). Price is rallying very strongly to the upside, and is a nice hold into next weeks trading. The candles in the rally are showing very strong consistent buying pressure, especially Friday's candle, which showed a strong downside move, then negated by bulls, breaking the open range, into the highs, creating a long lower shadow, showing the bulls intensity, right at the 50 moving average. The pair is neglecting all resistance ceilings, and can see real potential to the highs with this trade.
I hope you have a tested trading strategy to trade into this move.
UPDATE: Price has had a very strong rally since I posted this pair (see related ideas). Price is rallying very strongly to the upside, and is a nice hold into next weeks trading. The candles in the rally are showing very strong consistent buying pressure, especially Friday's candle, which showed a strong downside move, then negated by bulls, breaking the open range, into the highs, creating a long lower shadow, showing the bulls intensity, right at the 50 moving average. The pair is neglecting all resistance ceilings, and can see real potential to the highs with this trade.
I hope you have a tested trading strategy to trade into this move.
