Pair is at major Demand zone and creating an ascending channel on the lower time frame. Look for possible reversal to the upside during GBP news tonight.
Price created a reversal pattern and has started falling. Expecting a steady swing trade to the downside.
This pair has tested previous supply zones (market structure) and is creating an ascending channel. Watch for a break to the downside. If you miss the impulse to the downside, wait for a flag (correction) before entering a sell.
Expecting this pair to push up to near the previous SUPPLY zone and then make a reversal. Wait for the impulse and break of the trend line before selling. Impulse (breaks the trend line), Correction (a flag for confirmation), and then Extension (a continuation of the sell).
Using Fibonacci levels to SELL the RETRACEMENT after a Push to the Upside MARKET EXECUTION after correction on M15 TP 1 @ 61.8 TP 2 @ 50 TP 3 @ 38.2 LONGTERM TO 0.00
Price testing previous resistance at a major Daily Demand Zone Enter a SELL market execution @ 1.95415 TP1 1.93830 TP2 1.93280 TP3 1.92450 TP4 1.91500 Risk is 65 PIPS Reward is 465 PIPS
On the Daily time frame, the pair is in an overall SELL trend and has completed a corrective movement to the 61.8 on the Fibonacci. Enter for a Sell @ Market Execution TP1 113.700 TP2 112.500 TP3 111.000 TP4 108.8000 Risk is 65 pips Reward is 485 pips/600 pips longer term
On the Daily time frame, the pair is in an overall SELL trend and has completed a corrective movement to the 61.8 on the Fibonacci. Enter for a Sell @ Market Execution TP1 113.700 TP2 112.500 TP3 111.000 TP4 108.8000 Risk is 65 pips Reward is 485 pips
Bearish breakthrough. Expecting a swing to the 145.700 area.
Following the trade pattern, anticipating a strong sell with a Take Profit 1 of the support line as indicated.
XABCD and Fibonacci show retracement probability to C level