UnknownUnicorn3362945
Price has been making HH/HL looking to taking a long to target the fib 78% OTE level of previous bearish leg and seeing whether price will give short opportunities after that.
Price broke structure creating new highs and also left liquidity in form of equal highs hence looking to take a long to target new highs.
Looking to get in for a continuation to the downside.
Pait in a major downtrend and looking to get in for a continuation
Short idea following rejection at OB and head and shoulder pattern visible
Possible short term opportunities to sell this pair
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Thought process and analysis on the chart as notes any review post analysis on the comment section. Happy trading cheers!
Closed at breakeven as equal highs above price and price may tap into them before resuming downtrend. New targets and entry points.
Pair in a downtrend and looking to get short for a continuation to the downside.
Price has resumed its major downtrend after failing to make new highs on the daily. Price making LH/LL hence looking for an opportunity to take shorts at FIB OTE levels targeting previous lows.
Price rejected off daily OB/FIB OTE level resuming its downtrend by breaking structure to the downside. Looking to enter short at 78% FIB OTE zone and targeting new lows in line with the major trend.