1. 3 TOUCH TRENDLINE RULE 2. FIB HTTING 61.8 3. GOOD ENTRY LEVEL LOOKING TO THE LEFT THERE IS MULTIPLE BOUNCES 4. DIVERGANCE
1. BROKE THE 4 HR TRENDLINE AND RETEST 2. 3 TOUCH TRENDLINE RULE 3. 61.8 RETRACEMENT 4. DIVERGANCE 5. KEY LEVEL
1. BREAK OF THE DESCENDING TRENDLINE 2. PRICE MADE A HIGHER LOW THAN THE PREVIOUS LOWER HIGH 3. PRICE IS TESTING THE 61.8 GOLDEN FIB LEVEL 4. DIVERGANCE ON THE 1 HOUR ASWELL AS OVERSOLD 5. THIRD TOUCH OF THE TRENDLINE
1. DESCENDING CHANNEL ON THE DAILY 2. BREAK OF THE 4 HOUR TRENDLINE AND NOW THE RETEST 3. MARKET MADE A LOWER LOW WHICH WE NOW EXPECTING LOWER HIGH 4. MAJOR DIVERGANCE ON THE 4 HR 5. LOOKING FOR A FIB RETRACEMENT OF THE 61.8 FROM THE PREVIOUS HIGH 6. HARMONIC PATTERN FORMED
1. BREAK AND RETEST OF THE ASCENDING DAILY TRENDLINE 2. SUPPORT IS NOW RESISTANCE 3. 3RD HIT TRENDLINE 4. DIVERGANCE 5. GOLDEN RATIO 61.8
GBPAUD SHORT IDEA. BROKEN TRENDLINE. DIVERGANCE. FIB LEVEL OF 70.6 HIT. KEY LEVEL ALSO THERE FOR ENTRY.