It's going to be a while before we ever go back to 70,000. With price falling below 25,000, it seems price can still go further down. However, with price dropping this much, it's more likely that price will try to go back up a little before attempting to go even lower than 17,000. There's going to be plenty of opportunities but knowing we are in a bearish trend,...
If price shows a shift and break of structure on lower timeframe, it's going to be a nice move down.
Warning it's NFP. Looks like price is ranging. I am expecting a sell around 1.3280. NFP could trigger stops prematurely.
Price is creating the high and we just have to wait for some structure break to go lower. Profit taking around 1.32800 or even lower.
Sell setup with target around 55800. If price comes back around 56600-57700, I could look for sells. Ultimately, it's still hard to tell because no high or lows for the day has been established yet.
Price broke to the upside but started ranging. Price seems bullish but I believe a false break to the downside marked by purple rectangle will push price back above resistance marked by yellow rectangle. We're now at the top of the range and I expect price to start going down after seeing a lower low made. Entry: 10,750 SL: 10,850 TP: 10,440
Wait for last 4H candle to close. Then look for broken resistance on 15M to act as entry.
Price needs to reject and close below 105.25. Then look at entry options on lower time frame after 13:00.
Trend is down. Price has shown rejection. Look for reversal pattern on lower time frame around 0.91800 ~ 0.92000 before selling.
Wait for reversal pattern around 1.1850 or break and close below 1.1830
Short opportunity. Wait for reversal pattern on lower time frame to find entry and determine SL.