SHORT OPPORTUNITY ON 4HOUR TIME FRAME,PRICE HAS BROKEN 50 EMA AND RETESTED COULD POSSIBLY RETEST ONCE MORE THEN SHOOT DOWN,ONCE WE SEE A CLEAR BREAK THROUGH,A SELL STOP ORDER WILL BE PLACED.
Right shoulder complete, now looking for the reversal back up to 116.833.
We can see a possibly short opportunity here on the one hour time frame, looking for price to retest the 50 ema once more then once we see a clear breakout afterwards a sell order will be placed. Instagram;hthomas.fx
Short breakout opportunity on 4hour chart, once we see a clear breakout, a sell stop will be placed.
Strong setup for short opportunity, price has been respecting 4h ema which has been acting as support. Now price has broken the support be a good point to go short.
Strong move to the down side respecting the trendlines,found support at 0.84699 and broke ema at 0.85147 and retested now looking for a retrace to a pervious high at 0.85783 also at 61.8 fib level. Potential long setup.