Price reject support, if price break support trade invalidated
Price created a Lower Low, with RSI Exhausted and candle confirmation price can retrace now
Price retrace after breakingdown last support rating a lower low, puting end to the uptrend, now i can expect the formation of a lower low in this pair
Price in fibo 78.6, RSI EXHAUSTED in various time frame, downtrend, price respectig the hls (high and low sequence) , even if break the latest high price have to retrace but with that the perspective will change and we need to wait for price tell us what he will be doing next
Price has broken the bullish thendline if this is the start of a down trend a lot of pips we can catch
PRICE FAILED TO BREAK THE LAST HIGHER HIGH, IF PRICE BREAK THE LAST HIGHER LOW IT CONFIRM THE END OF THE MACRO RETRACEMENT, BECAUSE REMEMBER ALL THIS UP CHANNEL ITS A RETRACEMENT OF A D1 BEARISH IMPULSE
Price its in the buy zone seeking coninuation to the upside, price got ahead a very important trend line , take in consieration that the macro trend is bearish
The conclusion in my analisis its long. Price is currently in a D1 retracement, price was rejected at 50% fibo but price fail to break the last low and with that created a higher low, the logical sequence says price will be looking for a higher high near the 61.8 fibo. This setup its invalidated if price break the latest low
Price break in a very fast impulse the last low so i expect a not too long retracement and then continuation to the downside until price says otherwise
Price is close to the origin of the last breakdown and with a double top and fib level gives us a very atractive chance to enter short.
need a retest and a candlestick confirmation to enter short
Price breakdown bullish trendline, retest and leave a shooting star as a confirmation, saying that im selling this pair
Price finally break to the upside, ill looking for a retest and a candle pattern to enter long
Price created a Higher Low with a piercing candle, and near the 61.8 Fibo level the probability is that price continue his way up Saying that the conclusion its long
Price broke the ascending trendline, created a lower low i expect price reach box, creates a lower high and then creates a lower low to start downtrend
A shooting star candle appear showing that he buyers are loosing control, RSI exhausted with divergence its a good oportunity to a sell with a sell stop just below the candle
price its creatig a HL i expect to reach the box, the i expect an impulseto theupside