Wait for 4H Candlestick to close underneath resistance level before proceeding
Tell me what you think ? a little pull to the upside before falling and breaking 2009 lows ? or bounce to the upside and breaking overall downtrend
1. ABCD Completion 2. Fib 618 3. Support structure Either buy pull back, Or Sell retest momentum . . . Maybe even both, Dont be to greedy
Never sell into resistance wait for a break of structure as stated blue shaded box.
Chart explains everything in detail, any questions drop me a message :)
1. Strong support and resistance zone. 2. 100 MA Above price. 3. Overall downtrend
1. Short at trend breakout 2. MA Touching price / Above 3. Ascending channel, likely hood of a break to the downside
EU Consolidating in overall downtrend/channel high probability that we get a breakout to the downside sell momentum from 2015-12-19
1. Retesting previous trendline support now resistance, 2.Minor resistance at 0.738
Potential short not 100% but if you think it's right then take it :)