PowerHouseInspirations

PowerHouseInspirations

Price testes the trendline and creates a double top at the 148.762 level/zone. Once the next 2 candles are both strong bearish candles, that would give me clear confirmation of the sell.

PowerHouseInspirations

As I have seen price broke previous resistance at110.985. Now looking for price to reach the level of 113.262 and in that area find resistance and retest the area of 110.985 or the 78.6% of the fib seen on the chart. If price finds support at that level or higher we are looking for the bulls to take control that push price to newer highs.

PowerHouseInspirations

25PIP STOP ABOVE POTENTIAL RIGHT SHOULDER AND TAKE PROFIT AT SUPPORT OF RANGE OF 60PIPS. H&S SET UP WITH A FAIL BREAKOUT.

PowerHouseInspirations

SELL FOR 60 PIPS BEFORE RETRACEMENT HAPPENS

PowerHouseInspirations

SELL STOP FOR 66PIPS

PowerHouseInspirations

Up trending on 4 Hour time with possibility of being a retracement on day or week time frame.