Fibonacci retracement
After Price reaches the supply zone we’ll have to wait for Candlestick or pattern to confirm sell opportunity
Imbalance has been observed
Waiting for Candlestick confirmation
I’m expecting Pullback since the Retest has hit the open of my Order block bearish Candlestick
Waiting for Candlestick confluence to short the trade
Since there’re confluences that allows me to sell then i took the chance
At 131.748 the Candlestick patterns will give signal
The monthly zone has been broken and retested✌🏾 At the moment we will wait for a little pull back the upward movement or Upward movement without pullback
Since the market has been forming LH nad LL and DXY seems to gain momentum then then trade is more likely to fall
Since the US Dollar Index is gaining upward momentum then I expect this pair to break and retest 0.68000 to Entr for the Short trade to 0.665000
As there’s a pin bar on 4H TF and 50% retracement on 1W that’s clear bullish,Meanwhile DXY shows bullish
The pin formation and Break of Trendline gave confidence on Holding the trade
The Idea that lead to the trade was Break and retest
TL break and retest
