Waiting for a pullback to create next higher low at one of the fib levels.
Looking for continuation to the downside. Double top formation at 38.2 and failed to create a new high. Waiting for break and retest of the trendline.
Previous Daily candle showed strong bullish momentum Entered on the close of a bullish engulfing on H1 Counter trend trade due to daily candle closing very bullish on the previous day. Upper targets are 120 pips away. Exited early after TP1
Price is retesting major support on H4 Macd and TDI showing bullish momentum Volatility for London session is average of 50 pips Counter-trend trade.
