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watch for sell opportunity

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Price retrace to EMA and good time to short it

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Seems the bullish side is back

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Shown on decription

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See on description

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AS shown on the chart

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look for 50 pips up

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react with EMA

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Description on the chart

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shown on the chart

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Wait for the break of trendline to confirm short opportunity

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Price retested the top again , to conclude whether market want to break up or breakdown is still a puzzle. For me downside move is more favorable. If price can get out of the range established since last week, we can get a breakout trade, give your prediction on comment section

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As shown on the chart, price has been following fibonacci sequence, and bounce at fibo also EMA bounce, I expect more upside is coming and possible move to next level fibo or at least a retest of the high

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on 4 HR chart we can see how EMA hold the trend nicely. So for us to decide whether another bearish will continue?

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Price at important supply zone , it is in upward channel, there was some impulse after double top and retest to the level. If we see some bearish evidence, it might good idea to short to Fibo 618. This is counter trend trade so be very cautious. Reason to trade: supply zone on weekly double top and retest on hourly impulse after double top ascending channel Fibo 1.272

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If price break up trendline, there is big target downside but if market break the upside, this set up is invalidated

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After correction, now it's time to advance to extension

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retrace and bounce, aim for new high