we are seeing a head & shoulder start to form at a lower high of the Major trend if pattern is valid profits will be taken at the 50% of Lower low
price is respecting the 1.14400 level I'm expecting to see further bearish moves.
triple bottom at support expecting price to break high
price seems to be respecting a 61.8% pull back I'm expecting another push to the up side
going long off the .618 pullback
Long opportunity until higher lower
just went short on this pair with my stops at 114.400 & profit at 112.00
Looking for short opportunity off of the completed AB=CD pattern!
bullish moves expected until support gets broken
risk to reward is to big to go long. I will wait for price to get into the .75600 area before getting in bearish
things are still looking bearish
looking to short if opportunity like this surfaces
I will be looking to add to my position once we get a higher high close that pulls back to structure
higher high close then a pullback that offers a entry for a long position. until then I will be sitting on my hands!
Potential long opportunity!
