price almost hit 127% extension, possibly rallying to 4hr T/L then down again to larger S/R and 50%
Maybe possible short term long based on daily T/L and 50 % retracement (or not :)
Possible scenarios on weekly chart based on fibs and previous S/R zones
possible buy zone at S/R and 61.8% on daily then possible scenarios after that
hit previous daily S/R and 61.8% for a possible buy to previous structure
price very close to 50% and previous S/R on daily
Price gapped above a previously broken T/L and almost to 23.6% of recent daily L/H-possible rally to horizontal level and round # .86-ish and then see chart
rounded back to previous support now possible resis on hourly/can know fast if i'm wrong/good R/R
i know most peeps hate the kiwi, but some good levels for possible longs based on T/L and horizontal structure
Possible long scenarios based on fibs, prev S/R zones and or a daily T/L
50% & Previous support/resistance zone around round number 1.52-ish
50% & previous resistance/support zone & previously broken T/L retest
would like it if there was some better horizontal structure, but there is a fib and T/L
Horizontal structure and 38.2% line up for a possible short at 1.5219-ish on 4hr
below is 138% extension and prev resis now possible support, then there is a down T/L below that, all on 4hr
starting with a broken neckline on a very imperfect inverted H&S