UNIUSD with a nice bounce on top of the channel on the daily. Normally that would signal a long position for me but with such a run up over the last few weeks i think i will pass on this trade. I might be wrong but i would imagine a pullback below the channel in the next week. Maybe look for a short then. This is definitely not financial advise so its not.
Kommentar:
Looks like the descending channel is acting as support. If we see and break to the downside we can try to find an entry position on the lower timeframes.