itsGitau
This Pair broke the previous Kehy area with momentum. This shows we are in a downward spiral. on The key area there is a Doji. Meaning that this a very strong level. We are waiting for the Doji to be retested at 162.000 So that we can continue going down
We have a break of Market structure. This appeared last week. hoping to continue the upward movement when the pair touches my FIB key area of 0.764 at 0.53250. hoping to harvest 120 pips till 0.54500 Watching the 12345 pattern that has completed the 3rd wave. hoping to ride with the 4th wave at that zone of 0.53250
What are the odds that this pair will drop to those level. The rectangle zone is shown clearly there is a rejection with a doji pattern. Showing that that zone is a key area and it will not break easily. we are bearish We join the market at Current market price