Price reject D1 Support and turn into resistance with a beautiful shoting star (my favorite candle) to keep his way down
PRICE IN A RETRACEMENT FROM LAST IMPULSE PRICE CAN REACH FIRST OBSTACLE
Price failed to break last higher low, now its looking for a higher high
Testing new strategy
Price in sell zone with hanging man, rsi exhausted and price touching ema 200 Downtrend, price need to create a Lower Low to keep the sequence
This trend! keep going up ? if price decide to keep going up we will catch some pips
Price reject D1 Support in D1 chart with an Engulfing candle but that candle its too big and make less atractive to trade from that level, i expect a correction of that candle to the downside, then will be more atractive to enter long
We can crearly see that this pair its creating higher lows and higher highs from the previous dontrend, also price is in an ascending channel, price reject 61.8 level with an engulfing candle and continuation breaking D level, yesterday price retraced, giving us a good oportunity to join with a good buy oportunity SL 1.28771 FIRST OBJECTIVE 1.32063 SECOND...
Price move in range between weekly and monthly res and sup, i can expect price reach only the support level
AFTER PRICE BROKE H4 SUP AND 61.8 FIBO, THE POSIBILITY ARE PRICE WILL BE LOOKING FOR 78.6 FIBO OR NEXT TO THE D1 SUP
PRICE BROKE TRENDLINE AND SUPPORT PLUS EMA RETEST AND EMAS CROSS