We Are Either Range Trading or Breakout Trading This Week

This pair looks to be getting ready for a major breakout. The question is where? Consolidation is trapped between the weekly 078231 area and the daily 0.76424 area. It looks like it will continue down, but with it sitting on the daily, it can easily bounce back up and stay in the range until a breakout happens.
I've marked the chart in case to trade the range to the weekly and to enjoy a bearish move if it breaks the daily levels. For now, this is a wait and see.
BEAR TPs:
• 0.75925
• 0.75118
• 0.74529
• 0.74037
BULL TPs:
• 0.76644
• 0.77548
• 0.77797
• 0.78231
I've marked the chart in case to trade the range to the weekly and to enjoy a bearish move if it breaks the daily levels. For now, this is a wait and see.
BEAR TPs:
• 0.75925
• 0.75118
• 0.74529
• 0.74037
BULL TPs:
• 0.76644
• 0.77548
• 0.77797
• 0.78231
Trade fechado: objetivo atingido
All BULL TPS reached on February 19th during the Tokyo session.Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.