2017-05-14
Price action remains in a down trend within a larger channel of consolidation (D1).
Fib Future D touches the channel bottom providing confluence at 0.71905. Current price action has touched the 38.2 retracement level signalling a strong trend continuation is likely. Time to sell this down to 0.71905, 200 pips.
Price action remains in a down trend within a larger channel of consolidation (D1).
Fib Future D touches the channel bottom providing confluence at 0.71905. Current price action has touched the 38.2 retracement level signalling a strong trend continuation is likely. Time to sell this down to 0.71905, 200 pips.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.