1) The first Lower Trendline has broken.
2) Possibility price will pullback before making a new low.
3) Best area for selling @ Trendline Support become Resistance.
4) My Target TP at 2nd Lower Trendline.
1) Structure is making downtrend.As we can see structure is making LH and LL.
2) So my strategy is to selling.
3) The best level that I can see @ 1925.00 because it's confluence with drop base drop zone area.
4) it's also confluence with fibonacci level 38.2% - 50.00%
5) My TP area @ 1917.50 (125 pips)
Goodluck and don't forget to take care of your money...
1) Structure is making LH and LL. Which is market shows the structure is downtrend.
2) So Im looking that price will touch "5825" before drop because at that area have drop base drop zone.
3) It also confluence with fibonacci level 78.6%.
4) My target that price will drop to "5675"
1) Im looking for selling because structure shows downtrend ( LH and LL)
2) The best entry level that I can find @ 1942.50 and TP @ 1932.50 (100 pips)
3) It's because that area confluence with drop base drop zone.
4) It's also confluence with fibonacci level @ 61.80 and 78.60.
Good luck and don't forget to take care of your money management!!!
1) zone sell area at drop base drop zone.
2) zone sell area also confluence with fibonacci level which is @ 61.8 and 78.6 area
3) i will looking that price will touch 1937.50 before drop
4) my target @ 1925.00