Counter trend move up to extreme point of structure. H1 POI, price entered the area and formed a BOS as confirmation to enter on the Refined IFC. 2nd entry is on a banker block refined IFC. Overall structure, H4 Bos to to the downside so EU bias is now bearish on HTF.
new higher lows and lower lows are forming. Bounced off the area of resistance aswell as the trend line and hit a key area of fib retracement.
Double bottom has been formed on the 30 min timeframe and had a huge fall earlier in the day. Predict that it will push to the next support area
Just touched the golden pocket of the fib aswell as reaching a area of support. Looking to go bullish back to the 38.2% of the fib.
3rd touch of the resistance area and touching 38.2 in the fib retracement. Should fall to the trend line
Wait to see if the price reaches the area of support due to the budget being release before a breakout to the upside.