"But I want you to tell me what it will do!".... But wouldn't you rather I just told you how to figure that out for yourself... You gotta trade price action. Understand when price is at a point that it needs to make a decision. Learn what constitutes a "flag". Watch the videos I make. On the link. They are all free, just me and my friends going over what I see and how I am looking at it. Right now Uchf is looking like it is making a flag to go up after a small diagonal, but its pattern (fib wise) could shake out some different ways. Don't even trade this pair if you don't know price action or the modern w-x-y concepts right now. I see longer term upside but a big move down before that happens, but I am talking like weekly....
Kommentar:
daily TDI looks upside, 4 hr looks downside... To me that means some further consolidation