1. Price has been in sideways for about a week now. 2. Few bearish candle pattern formed strongly shows that price is on its way to the downside. the pattern such as Bearish Engulfing, Pin Bar and Dark Cloud Cover.
1. PRICE HAVE REACHED SUPPORT AT 0.7040 AND TWICE REJECTED THE SUPPORT 2. A SPINNING TOP CANDLE CLOSE ABOVE BUY ZONE AREA.
1. Price has dropped 7 days since a breakout forming multiple Engulfing on 18-4-2018 2. A BASE is developing after a series of the price drop at resistance (or SBR) 1.4000 3. Best to SHORT is at yesterday 50% candle volume.
1. PRICE HAS REJECTED 38.2 FIBO AT POINT AB AND FORMED BEARISH ENGULFING 2. PRICE EXPECTED TO MAKE A SHORT PULLBACK AT 50% OF YESTERDAY DAILY CANDLE 3. TAKE PROFIT EXPECTED AT POINT X AND Y
1. A Bullish Butterfly Harmonic pattern is on the making, 2. Next near support (RBS) is at 1.20700, which is also at a confluence witth the D point . 3. Next buy zone is at D point with taking profit at 32.8% anda 61.8% of CD