Weekly Candles
April 16, there was a breakout for Long
April 30, the price bounce at 1.78517
May 21, the price breaks the 236 at 1.73519
Im expecting that the price will return to 1.61238
OPTIONS
if the price of current or next H4 candle closes above 137.784 (H4 chart). the set up is valid going to 140.912
BUT
If the price breaks 137.086. Valid short down to 129.776, wait for the pullback before placing trade for short
Fibo 236 Breaks last Friday, 50 Fibo Fan Breaks
Im expecting that Price will also breaks 618 Fibs fan next week.
First TP is at 0.71886
2nd TP at 0.72702
Since the price did not touch 236 in weekly chart, it will have a 2 opportunity, short and long, just watch out for the 236 retracement (Short) and 1272 ext (Long)
if the price holds at 1.67432, its an opportunity for long up to 1.70498
if the price bounce at 1.67262, its an opportunity for short down to 1.64594
Yesterday i posted my view about GJ Long, Fibo Fan breaks 76.4, now the target is now confirmed going long. Once i saw a CO of moving avg, I will place another Long position
