Price is still in a bullish trend. What I'll be looking out for is a pull-back and re-enter long on H4 timeframe.
1.2100 would be a good area to buy.
1.2100 would be a good area to buy.
Commento:
Down roughly 150 pips since set-up was posted. Everything going to plan so far. This wasn't a position I took.
Commento:
Going according to plan so far. Might see a potential bounce in the following week. We'll wait and react upon opportunities presented.
Commento:
Re-test of trendline on monthly chart? Could we see more downside to come from this pair?
Commento:
Coincides with 61.8% retracement fib level of previous impulse move down along with trendline resistance, will be a tough area to break through.
Coincides with 61.8% retracement fib level of previous impulse move down along with trendline resistance, will be a tough area to break through.
