Looking for price to break the descending PA. I will be entering on the retest of last high or entry on flag. The price may still break lower.
EURUSD Sell Third touch on resistance Rejection Retest/Fibonacci on 1h
BUY 618, high volume around 618 area, 618 has has indecision, possible order blocks
Here we can see liquidity wicks and an evening star. On the 4h we have high volume at 618 fib to the upside, there we may see either a rejection back up to create a double top or it will just break the level and head down.
Volume profile is showing high participation at the 618 fib level up on the weekly tf. Intraday analysis for this pair up next
Look for confirmation at the zone below the price
Do not enter trade unless price action provides confirmation