Forex-analysis
Short Rise Before Fall Continuation? weve broken through the previous DEMAND zone im thinking a new minor support has been formed for a small potential rise to end the week before another fall
im seeing a few long signals
but we could head further down
RISK management is KEY here on any LONG position as we can still see some bullish movement further down to another support
im saying long until further notice
POT WEEKLY GARTLEY PATTERN or ???PA may potentially form a Bullish Gartley Pattern. However I've identified two scenarios where action may be taken. For our Bull setup i've identified my reversal zone at about 0.70484/0.69796 confluence with (78.6/127.2) fib levels.
However price may go to break the top of our previous high, only then will i wait for price to reach a nice supply area, either at the TL, 800MA or 0.81544/0.80353 supply zone.
May potentially be looking for intra day shorts down to the buy zone