Possible short at the 61.8 level a break below the trend line will confirm short
SHORT
Possible short
Head and shoulder pattern almost complete but am going to wait for the break and retest before i can actual trade
Break plus a close below the most previous anchor
daily timeframe
weekly time frame shows a doji and expecting price to go lower as its been formed on a R level
This simply a prediction. look for a but area at the the channel plus the 61.8 fib level
Short on this pair reasons will be coming later
Too much confluence on this trade to not post it
A refusal to break the trend line indicated that an upward move is coming. Bears trying to push the price down below the T. line have not succeeded.
A bearish pin bar is a clear indication of price rejection to the upwards and it being forced to divert downwards. Happy trading.
A couple of rejections on the upside indicate that the bearish power out ways the bullish power, the two previous candlesticks indicate the same on D1 timeframe. Happy trading