Again another love to EMA and also where res become support
Market Love EMA then continue the trend, sell it from touch of EMA
Caught my attention and after some retracement, times to continue
Not able to break the top sign of weakness. Decent risk and reward
This might be another pullback to retest the top and where 1.618 of the move coincide with the top.
AS shown on the chart, double bottom and start moving up
It has been stay in range for days and today might break it
Just wait for the break of counter trendline and short after that happen, the top formation seems confirming short set up
Time to be bullish on this pair , we can see the retracement back to EMA on weekly chart
It is amazing how it get back to demand zone in 3 days only, and I consider the retest of the bottom as the confirmation.
Price back to demand zone and start sign of bullish.
Big momentum toward the supply zone might be good time to sell it
I wait for retracement reach demand zone to BUY this pair, so I think it is time to buy
I cancel my short trade and take a long because of double tap on demand zone. Target 72600
After that drop on Friday, it is actually a nice opportunity to go long on this pair. 1. The drop hit 618 Fibo retracement 2. It hit a price where resistant become support 3. Bias of daily was long This pair might hit 1.618 expension but for now lets aim for 1.272 extentsion and see from there for another entry.
Transition from Long to short can be seen the market has no bull and small candles, and for me the flat top price is another confirmation, if you want to wait, put sell stop under trendline expecting break of trendline , if you are aggressive with small SL on top of the high, then we can sell now