looking to go long again as price retest the trend line again
Good traders know when there wrong and adjust accordingly with that being said I took a small lose trying to short this pair but EU broke through my resistance and retest so I am looking to go long potential targets 1.09000 1.09200 1.09400 and 1.09600
High Risk: This will be a counter trend set up I am expecting price to pull back to the 75% fib level then continue to the down side
I know this pair looks like its trending up but it actually broke out from a Bearish Flag pattern and I believe price is pulling back retesting that Bearish Flag pattern so I will continue to follow the overall trend
Price Action looking to short this pair price has approached resistance level and a evening candlestick formed on the lower time frame
I spotted a Bullish Pattern on the daily time frame price already broke out and re tested looking to go long on this pair
I see a Bearish Flag Pattern From the daily time frame looking to short US Oil
as you can see price pulled back to the recent resistance and fail to break through so I am selling