Pullback completed Bullish engulfing pattern completed on daily Trade to Fib Extension at -0.27
Market is consolidated. Can take advantage of this short.
Charts quite messy. Trade down to new lows. Looking to enter after a more apparent breakout. May take profit 80 pips in.
Short biased on this pair but depending on how price plays out I believe it could go either way. Two trading ideas.
A few possible moves on this pair for the week ahead. Will trade on the lower time frame.