if the candlestick rejects that golden area then its a short opportunity as there is also news coming up in the following hour for Euro! patience is key
charts are showing resistance as it went below trend line but resistance is there to rescue the uptrend
fib is showing the some rejection so if it continues to play out on the current candle then we in even tho we missed the first move we looking on opportunity to get in right here
used the fib on a 1hr chart which shows a big wick is about to form signaling a perfect buy position which is also supported by the uptrend
4hr chart shows GBP/JPY is on support and it broke the triangular descending triangle which gives a buy position so from this support im looking to go long!
candlesticks went below the promised earlier trend line and created and opportunity for going short as it bounced below the the trend line and went short
if the bearish candle forms a wick or stays above the trend line then im looking to go long and with stop losses ofcourse.