Retest the weekly bottom at 1.13 and make good bounce
Uptrend on H4
Test resistance H12 and fibo 0.5 at 1.145
Good zone to buy between fibo 0.618 and 0.5, green box
Target around 1.15 grey box
WAIT REVERSAL CANDEL PAIRS ON H1
=> BUY
Uptrend on H4
Test resistance H12 and fibo 0.5 at 1.145
Good zone to buy between fibo 0.618 and 0.5, green box
Target around 1.15 grey box
WAIT REVERSAL CANDEL PAIRS ON H1
=> BUY
Note
We had buy signal on H1 but weak one.Trade active
Buy around 1.137-1.38 it retest but the price should not drop below the pink line anymore.Note
Looking bad, if price makes new low below the pink line. This analysis becomes invalid.Trade closed: stop reached
Honestly, Price didn't follow my prediction. I recommend close this trade with small loss and see what will happen.
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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.
Related publications
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.