EURUSD - LOOK for SHORT after Pull Back ..
A- SUMMARY - Personal FAVOUR Wait for a SHORT !!
> Pin BAR (Bullish) @ H4.
> This pair MIGHT Pull back before CONTINUING down trend again .. - BETTER Scenario !!
OR Might Reverse UP and Hit the FIBS 61.8% Zone (@ 1.260509) - Less LIKELY !
the Previous highest is 1.25558 ( 50 PIPS to FIBS)
MONTH Chart:
At Top Down SLOPING Channel – Possible TREND DOWN !!
1- Price near FIBS 61.8% @ 1.26059
WEEKLY Chart :
Price already in WEDGE formation
1- Price also Touch WEEKLY S/R @ 1.24823 & Retrace down
B-This Coming WEEK Analysis:
DAILY Chart :
Price at WEDGE formation
1- Would Like to see it BREAK clean for a POSSIBLE SHORT !!
2- ENTER via H4/H1 Chart
> LOOK for Possible Pull back ENTRY
CHEERS .. STAY NIMBLE-TRADE SAFE !!
> Pin BAR (Bullish) @ H4.
> This pair MIGHT Pull back before CONTINUING down trend again .. - BETTER Scenario !!
OR Might Reverse UP and Hit the FIBS 61.8% Zone (@ 1.260509) - Less LIKELY !
the Previous highest is 1.25558 ( 50 PIPS to FIBS)
MONTH Chart:
At Top Down SLOPING Channel – Possible TREND DOWN !!
1- Price near FIBS 61.8% @ 1.26059
WEEKLY Chart :
Price already in WEDGE formation
1- Price also Touch WEEKLY S/R @ 1.24823 & Retrace down
B-This Coming WEEK Analysis:
DAILY Chart :
Price at WEDGE formation
1- Would Like to see it BREAK clean for a POSSIBLE SHORT !!
2- ENTER via H4/H1 Chart
> LOOK for Possible Pull back ENTRY
CHEERS .. STAY NIMBLE-TRADE SAFE !!
Penafian
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