Hello Traders,
I believe that I see a double top that formed on the Daily time frame and has attempted its LH and got a MASSIVE BEAR PINBAR setup or major zone rejection on the 12h and 4h. Giving us bear signals to be ready for a break to the downside.
Now there seems to be one more Past HIGHER LOW area on the daily that will need to be pasted in order for this...
I will show the weekly chart to express my point of how MAJOR This next move is going to be! EURGBP Price is coming to a SERIOUS SUPPORT level! it can do one of two things, so make sure you are ready for one or the other!
Plan A- It follows the past examples and hits this MAJOR support and respects it pushing up where BULLS will be in charge for awhile setting...
In order for the market to push lower, It must collect buy orders to push down past this major zone. I am looking for a Morning star pattern on H4 and looking to SCALP on Buy positions until atleast 50% on fibs
Color coded my fibs levels.
Pink-23%
Green 32% (What I am looking to TP too)
Orange 50%
Blue 61%
Good luck to us all and remember No Days Off Unitl...
