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Bearish momentum on Daily BOS on 4H Liquidity reach at open and continuing downward momentum to test 2 weeks low @ 137.5 level

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Week 33 Over all Bullish continuation expected. Possible Short starting into the week before going higher and tapping that 140 level

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Short to 1.9400

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1 relief rally to upside before 1 final push to downside before going higher into 1700's!!

nil1342

Price peaked at longterm down fib before starting to slide back down on Higher volume Scenario 1: Test and bounce off of ema (BLUE) for a final retest of 1.9600 and then we can expect a swift retracement down to 61% and we can see the price touching 1.9375 by end of Feb completing a 5 wave pattern Scenario 2: straight meltdown to 61% fib, retest of 1.9500 and...

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Currently Trading in a 4H channel We can expect a brief test of 1.3200 level before reversing back to test the 1.3250 level and then resuming the downtrend to 1.3150 and eventually hitting 1.3100 in early March.

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Feb 16: Hammer formation on weekly suggesting bullish first half of the week. Massive bullish engulfing daily closure on Thursday and Friday closure shows bullish continuation 4H throwing wicks to the upside with last 4H closing as shooting star. Possible retest of 4H Support at 1.9377 area (61.8% retracement of 4H fib) before...