Price rejecting for a 3rd time off daily resistance Overall picture daily candles have closed below 61.8% awaiting downside movement
FIB A B C PATTERN COMPLETED ON 50% LINES UP PERFECTLY WITH WEEKLY SUPPORT TREND LINE TESTED TIME MA HAS CROSSED TO DOWNSIDE
1. DAILY CANDLE TESTED MONTHLY 2. 4HR A 3 PIN PATTERN HAS FORMED 3. 4HR BEARISH ENGLUFING CANDLE (6 CANDLES ) 4. 1HR TREND LINE BROKEN M.A HAS CROSSED OVER
MA ON 4HR HAS CROSSOVER MULTI REJECTION ON 0.76930-40 AREA TREND LINE BREAK AND RESTED
one the daily eur has hit key level of abc pattern which if plays out correctly will bring this pair around the 1.1500