as you see it, enter with a sell stop 3 pips under the big shadow
for next 4hour watching those 2 candle price information
the 3 hour chart show us a textbook example of the kangaroo tail. sell till next R zone
Do you see the m's and the w's right now there is a double bottom on eurgbp, this second touch is however very risky as it isnt a higher low, however I wil take the trade with a buy stop from the first bullish candle after the second touch, this second touch apperas right on this legendary resistance.
This box has been touched too many times, its has charged the bulls and gold is also low, this box been feeling violated by the chart.
Yo yo it is your boy Patricio with a great risk reward trade
Usdcad has been a bull till the 50 fib
risky trade cause if it goes up is till the 68 fib we will be patient and look how far it goes into the resistance zone watching for divergence on my favorite 30min chart + markets been selling a lot these past day specially me. :D
Hope this come out quick, after reaching the 60fib short al the way down. daily chart.
I you compare this chart with the divergence thats is happening right now at eurjpy I go for long.