Before i make my trade i am going to wait for a candle stick to form under my trend line.
I think this pull back is just temporary. Sellers have come in which is good for buying. Look closely on 1h or 30 min timeframe to see how price progress and to pick good place for entry.
With the uncertainty in EU while the French election is still ongoing, and JPY stronger lately for being a safe haven, there's more likelihood that this pair will continue being bearish. Setting up a sell limit order (or manually open a market order, depends) a few pips below S1 pivot line, with TP at S3 and SL above S1. www.econotimes.com D: W: ...
Price has moved down lately, can it be time for reversal? Before I make my can I want to see price move below last spike. There is potential for that.
when the it hits the target point or the red line i will enter short. Stay with me for alerts..
I am looking at SHORT ONLY now that the key support has been broken. Should the candle continue to close this way, we shall only short this pair. Retrace back to 111 will be a good short.
Sold this pair... Hopefully 2 targets are expected.