After doing my analysis. I have decided to open a trade on this pair and short the pair, as I believe it will reach a lower price.
Looking like a short. lets just wait and see.
Publishing this late but I entered this trade and will be looking to hold
double bottom
everything looking up
.
multiple rejections from the 72.000 zone
fib action
Fib
If wrong this trade will be over very quick
resistance broken and daily fib
Just looks like a reversal is on the way the bearish movement just seems to have slowed down abit
FIB
Things seem to lie up on the trade. Could take months if this trade comes through.
higher highs etc... Fib looks to have been activated with the bullish candle to reject the 61 fib level and the key level aswell.
I have reentered this trade due the latest rejection of the key level and the fib rejection the truth is that this has happened many times before this month so I will be watching closely just in case
OK THIS WILL BE THE LAST TRADE I TAKE ON THIS PAIR IF IT GOES AGAINST ME!!!!!! (I have said this before and failed)
With a series of higher highs and higher lows I have decided to take this trade of the next step which is the fib level.
