Chart Breakdown Analysis of pairs that I am watching for today. 8 Pairs on the watchlist this morning Took EJ sell, Instant profit
Sold on minor retrace with momentum Took profits at TP1 Expecting a retrace to re-enter Sell
Analysis for next week Price should maintain structure and retest highs if anything If Price breaks below H4 S/R wait for break and retest
Small Move to the downside to retest exhaustion area/H4 Trendline 30-50 Pip move
Hit HTF Resistance/Structure Broke minor structure Great R:R Break of H1 Trendline
Wait to see when market opens & what price action does Expecting retracement but not guaranteed with current Fundamentals Watch and see what occurs
Lets see how the markets open and what Price does Always wait for confirmation before entering Could continue going up with no Retracements
Daily Trendline being respected H4 - Price came up to 61.8 FIB, touching a H1 Exhaustion Zone before reversing back to the downside, Creating a FAT Bearish Engulfing H1- Cross of MA's, Multiple Bearish Engulfings, Minor Structure was broken and retested < H1 - Minor Trendline Break and Retest, Already in the trade 1st Entry @ 1.30666 2nd Entry @ 1.30456 Going...