WEEKLY: Still bullish and just reached the 23.6 retracement level and isnt far from touching 38.2 retracement level. 4HR: Still bearish with a new low being made into the WEEKLY DEMAND ZONE. Need bullish momentum. 30MIN: Still bearish but need momentum to slow down to enter for buys. REWARD:RISK Ratio: 4.50:1 or 10:1 ENTRY: 2705 area as the 3MIN momentum is...
WEEKLY: Still Bullish but could make an official pullback to at least 23.6 level. 4HR: Lots of Bearish momentum. Would like to see bullish fakeout to 2760ish area then continue going bearish into 2715 area. 2760 would be 50% retracement for Entries. 2715 would be 127.6% level for Exits. 30MIN: Need a bullish move into 4hr Supply Zone. ENTRY: ONLY after...
Look for one more push downward before entering buy. 1.238 -First Entry point 1.232 -Best Ideal Entry 1.227 -Stop Loss 2.37 -Risk:Reward
Could see one more push down towards weekly trendline from London session tonight. 1.097 -Current Support hoping to see false move down so we can buy "low" 1.095 - Most ideal entry. 1.106 -Take Profit 2.08 - Risk:Reward 1.092 - Stop Loss