Looking at the Fibs on shorter (15min) and longer chart potetial D target at -.168
AT C on Fibs after retracement - heading towards D at 112.00
Short in the short term as retrace. Then long to outer trend line 1.11934
Awaiting counter trend line break to confirm bearish direction to fib sub d on 1hr chart. Stoch RSI is overbought. Approx +150 pips is bearish direction if confirmed.
Awaiting counter trend line break to confirm bearish direction to fib sub d on 1hr chart. Stoch RSI is overbought. Approx +150 pips is bearish direction is confirmed.
Awaiting counter trendline break as evidence of a bullish move towards the D fib extension
Waiting for candle closure above counter trend line break on 1 hour chart. Then trade long to D extension at fib - 0.618
Awaiting rebound off resistance and counter trend line break. Then short trade to fib extension D
This is where I am with the EU and perhaps why there's an impasse? But I'm a newbie so any useful feedback would be good :)