PRICE SEEMS TO BE STALLING AT THE 4 HR RESISTANCE, BUT AS IT IS STILL A BULLS MARKET STILL HAVE TO BE PATIENT ON THIS PAIR BEFORE I CAN LOOK TO GO SHORT
AS CURRENT MOMENTUM IS ILLUSTRATING THAT IT IS STILL BULLISH I WILL KEEP MY BIAS LONG FOR UNLESS PRICE BREAKS BULLISH STRUCTURE AND SHOWS BEARISH MOMENTUM
CURRENT PRICE IS BULLISH BUT ITS REACHING A MAJOR SELL ZONE
GREAT POSSIBLE SELLING ENTRY, IF PRICE INDICATES TO ME THAT BEARS ARE IN CONTROL OF THE MARKET I WILL BE LOOKING TO SELL
POTENTIAL SHORT LOOKS LIKE HEAD AND SHOULDERS HAS FORMED. WILL LOOK FOR ENTRY ON RETEST
EUR/CAD LOOKS TO BE IN A VERY INTERESTING PRICE POINT. IF PRICE BREAKS THE TRIANGLE I WILL BE LOOKING FOR RETEST AROUND MINOR SUPPORT FOR A ENTRY
PRICE HAS BEEN CONSOLIDATING FOR A BIT NOW. I DO EXPECT MARKET TO BREAK STRUCTURE SOON AND MAYBE A MOVE TO THE UPSIDE
AS PRICE HAS BROKEN THROUGH MINOR SUPPORT I WILL BE LOOKING TO GET A RETEST OR A CORRECTION TO ENTER SHORT
POTENTIAL BREAKOUT TO THE DOWNSIDE, LOOKING TO SHORT IF I CAN GET A RETEST ON THE SUPPORT ZONE
PRICE MAY REJECT 1.6300 PRICE LEVEL ONCE MORE BEFORE BREAKING THROUGH THE ASCENDING HOUR TREND LINE AND MOVING TO THE DOWNSIDE. I WILL BE LOOKING FOR A RETEST BEFORE ENTERING SHORT
PRICE SEEMS TO HAVE BROKEN ITS UPTREND AND HAS NOW STARTED TO CONSOLIDATE BETWEEN THE WEEKLY AND 50 LEVEL ON FIB. IF PRICE BREAKS THROUGH THE WEEKLY SUPPORT AND RETEST WE CAN SEE A POTENTIAL SHORT TRADE IN PLACE