Daily : if we see on this chart, we can see that the ratio from fib ext, all the ratio's have same thought about 1.35 area. if we see on the left structure its a good support.
H4: on h4 we can see in here that we have double top playing on there but need a confirmation for go short. im thinking to go to wait and get some confirmation again from 2.618. why? because now on the rsi market is already 49 area and if the market break the neckline is on the oversell zone, im thinking to go wait a pullback at 618 ratio, before i'm gonna put sell order.
H1: on h1 we can see that there's a channel in there and if combine the double top from h4, we can see that price will break the channel.. that will be a good opportunity too to go sell :)
so overall i'm short on the short term and tgt is 1.35 area before going up ;)
Trade Safe,
Happy Trading,
Goodluck ;)
H4: on h4 we can see in here that we have double top playing on there but need a confirmation for go short. im thinking to go to wait and get some confirmation again from 2.618. why? because now on the rsi market is already 49 area and if the market break the neckline is on the oversell zone, im thinking to go wait a pullback at 618 ratio, before i'm gonna put sell order.
H1: on h1 we can see that there's a channel in there and if combine the double top from h4, we can see that price will break the channel.. that will be a good opportunity too to go sell :)
so overall i'm short on the short term and tgt is 1.35 area before going up ;)
Trade Safe,
Happy Trading,
Goodluck ;)