| The following shows a speculative and unconfirmed channel, since confirmed onces must have at least 2 touch points on each lower and top band of the channel. However, this is one method of ANTICIPATING the next junction to watch, assuming other traders and algos will be looking at that possible touch point and channel and it is created, if it will be created. Till now and since our last call, via the comments are on ForexLive.com (do follow the comments on each post, as they may introduce interesting price action developments and technical setups), the market is still bullish. Will it lose steam soon? Watch the video and look at what happens on the next junction, as well as follow https://www.forexlive.com/technical-analysis |
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