the momentum is strong expecting more upside
the pair just broke and closed above the neck line of
a head & shoulder and should continue the 5th wave to test the top
at 1.2092 with a break should target 50% fib (from 1.3993 to 1.0372) at 1.2167
pay attention to price action at 1.1975 to 1.2032 and if
we see rejection at this area then the pair is
respecting bearish sypher pattern levels witch will lead to
a deeper correction 1.18 and 117 levels.
or we maybe see some correction to the neck line at
1.1860-1.1880 to enter long (watch this levels to)
stop loss below 1.1712
GOOD LUCK
the pair just broke and closed above the neck line of
a head & shoulder and should continue the 5th wave to test the top
at 1.2092 with a break should target 50% fib (from 1.3993 to 1.0372) at 1.2167
pay attention to price action at 1.1975 to 1.2032 and if
we see rejection at this area then the pair is
respecting bearish sypher pattern levels witch will lead to
a deeper correction 1.18 and 117 levels.
or we maybe see some correction to the neck line at
1.1860-1.1880 to enter long (watch this levels to)
stop loss below 1.1712
GOOD LUCK
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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.
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.