As per my technical analysis, it's confirmed that this pair will retrace to my profit target 1 or 2 ( I will closely monitor the price action for the next couple of days to re-confirm my TP level). i have executed my buy entry last Friday on 4 HR chart (3 bar reversal candles). Good luck....
As per my technical analysis, it's confirmed that this pair will retrace to my profit target 1 or 2 ( I will closely monitor the price action for the next couple of days to re-confirm my TP level). i have executed my buy entry last Friday on 4 HR chart (3 bar reversal candles). Good luck....
The reversal pattern on 04 HR is fully finished, and it looks like a shift to a bear market in the short term on the 04 HR chart is 99% probable. FIB level + Elliot wave theory shows the price to be dropped down to the discounted level which would be my take profit area (1 HR Support). if you want to catch a bigger trend on a higher time frame, please do so as the...