


RobFxTechnician
Nice break out of small triangle, plus candles SCREAMING wanting to go to the sky!
We have a beautiful bullish flag pattern about to break to the upside. Next target is its next hourly resistance, also it is 61.8 fibonacci leve retracement, at that level we can see a bearish retracement to then go bullish again
If price breaks trend line it will go to the next resistance, possibly a new higher high.
We entering long if price reaches support and at the same time 61.8% fibonacci leve retracement, and we would need to see engulfing candle or shooting star candle.
We can price is rejecting daily support. Next target is 1.83810
We can see an engulfing bullish candle just made after rejecting significant support, now we can target next daily resistance. Possible higher high though
On bigger timeframes we have a strong bullish trend so I think It can reverse from this point. Risking 0.5% only
Multiple rejections on support + ascending triangle formed about to break to the upside
Seems like price is rejecting resistance. Next target is our next last support
Possible rejection on this last support, continuation up to 126.200
Strong bullish 1hr candle indicating trend continuation. Plus 61.8 fibonacci level reached.
As the last candle closed with a strong bullish body the rejection on this support is confirmed.
We have a nice rejection candlestick showind bullish continuation
We can see we have strong rejections into this support make it possible to break this last resistance and probabli making a new higher high