tradingpower1

tradingpower1

price has been in a range for some time now it is a good opportunity in H1 to buy until price meet the upper side of the range

tradingpower1

after quite a nice bear rally, price is pulling back for the past few days i think it's time to sell that one

tradingpower1

afetr a nice pull back at 38.2 i see price going back down following it's initial momentum from when it started to sell around 114

tradingpower1

I see that price has made a nice pullback respecting 38.2 and now it look ready togo back up

tradingpower1

I can see that price has been bearish from the top at about 1.615€ ... Now that price seems to have pulled back at 50% around 1.556€ at the beginning of last week. Price actually ended up last Friday with a nice tail around 1.532€ at a nice support /resistance Which tells me that price may be ready to go further down forming a nice XABCD pattern. price has been...

tradingpower1 Updated 

So I have spotted a nice double bottom ... price has bounced off precious low by breaking the flat formation leaving behing a nice and clean trail suggesting it's unwillingness to keep going futher down... Fibonacci levels lokks good too :)