Price go higher and hit strong ressistrance level at 1.64494
after that price drop and retrace at 0.618 level of fibonacce retracement level
Now we see a evening star pattern show up
Price will go down at 1.62630 (Pink Line) then test it again and after confirmation price will drop at the next strong support level at 1.61175.
after that price drop and retrace at 0.618 level of fibonacce retracement level
Now we see a evening star pattern show up
Price will go down at 1.62630 (Pink Line) then test it again and after confirmation price will drop at the next strong support level at 1.61175.
Note
Price hit the first TP point at 1.63 and bounce back to 1.6310 Now we wait for price drop again at next TP point at 1.62523
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.