Price Is In A Strong Channel Approaching A Strong Support.
Price Broke Back Through Our Resistance To Continue In The Channel.
Fib Levels Being Respected On Daily Timeframe.
Potential Double Bottom Forming.
** I will be waiting for a double bottom reversal pattern around the 1.26833 if this does not succeed I will then look to enter around 1.26657 given the...
Strong Daily Down Channel.
Break of Daily Pendant.
Bearish Momentum.
**Wait for Price to climb back towards the 0.5 Fib level and wait for a bearish candlestick pattern to form before entering this trade**
Double Top Formed On Daily Timeframe.
Bearish Trending Channel.
8 & 18 MA's Trending Bearish.
Break of Daily Trendline.
**Possibly a good price to enter at current market, can always look for a closer entry point on a smaller time-frame.**
*Target is at the start of the broken daily trend-line.*
Break of strong daily trendline.
Bullish Momentum.
Break of strong daily resistance line.
**Wait for a clear break of resistance line then wait for a retracement back to the resistance line followed by a bullish candlestick pattern to enter this trade**