I'm only looking at the 15 minute chart so if it pops I'll cover at the 15 minute tunnel unless it's a really strong move up. We've got a daily pivot at 1.5058 to watch out for.
That'll put my TP around 1.5060 to 1.5070. The 1.5070 area also coincides with the middle I-reg on the 1 hour chart.
Could easily go higher based on the 1 hour chart but I like playing the TDI conservatively.
Hey ST, another thing I watch on this TDI setup is how close the blue channel lines are. When they squeeze together in a particular area above or below the 50 line, the next move is usually a pop in the opposite direction.
On the 15 minute EU chart, the blue bands have come together underneath the 50 level while the green and red lines have hit the bottom 32 level.
It's basically a squeeze play. The next move should bust out of the blue channel lines to the top side.
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