the chart is hourly data.;box size is 6 by 1 reversal
it needs to breakout/upwards to 1374 area or test the trendline at 1362 area
not really a signal to go short as yet.a test of the trendline and breakdown to 1356 and then 1350 will just give a signal to close longs from this chart
a failure at the trendline just means to be aware risk is coming off a little
Comments
the chart is hourly data.;box size is 6 by 1 reversal
it needs to breakout/upwards to 1374 area or test the trendline at 1362 area
not really a signal to go short as yet.a test of the trendline and breakdown to 1356 and then 1350 will just give a signal to close longs from this chart
a failure at the trendline just means to be aware risk is coming off a little
a break upwards and risk is on