MA Crossover on H4. Lower High, Lower Low. Break of Trendline, Would look for a break of previous structure. Risks:- Currently Oversold in RSI.
Break of D1 trendline, MA's almost crossing over at H4. Price broke H4 Kumo. Confluence with RSI. Chinkou clear of resistance in H4. TP at 38.2 Fib in confluence with previous structure. In confluence with D1 EMA 90. Risks:- Could be ranging in a box.
Had a strong rejection off 38.2% Fib. Trend Line support found, will be looking to find monthly resistance at 1.3350 in confluence with 23.6% fib extension. However, a break of trend line will warrant a short to previous support structure.
AB = CD Pattern Completion followed by a huge drop. Break of box range earlier but pushed back into it due to NFP. Now its a break of H4 Trend Line, will look for the retest, and join in if a bearish engulfing occurs at the 124.50 level.
Close above 1.5660 will warrant a long. Close below 1.5570 will warrant a short.
wait for a retest of previous structure @1.28253