Miss the Libra pattern move. Waiting for 618 pullback to short
Plan 1: Short at Libra pattern completion Plan 2: Short at 618 PullBack
Daily TF Bearish Engulfing candle printed. Potential more downside pressure. Despite of poor US non-farm payroll result there isn't any sign of bullish move.
For Short Entry: Plan 1: Best is a double top form so that a short entry is possible. Plan 2: Wait for price to Break down the consolidated tri-angle, retest then short
To short when price pull back to 2 region
Attractive to buy low when the price pull back
Looking for long entry when the price retest the structure Alternative can enter now base on the libra pattern. Stop loss for both entry is the same
4 Hourly Chart TF is forming a potential libra pattern. Plus there is a pullback to region between 0.5 and 0.618 region. Therefore potential short entry
From the Daily TF there is a strong support @ 1105.28. If price reaches the buying zone marked, will enter long position and of course depending on the price action.
Long on pullback to the previous support.
2 zone to short when price pull back. Watch the price action