technical Analysis:
The first scenario
Pair in the event of a rise and reach very strong resistance levels to re-test these levels which fall between 1.1650 to 1.1800
These are very strong resistance levels represented by levels of 38.2-23.6 Fibonacci and here the sale is available with the signs of selling it
The second scenario
In the case of stability below the resistance levels 23.8 - 32.6 Fibonacci which is tested now and when the closure of the candle four hours and the opening of a bearish candlestick This gives a motive for the fall of the pair and on the daily Frem note the pair has broken the rising trend and if the stability of the trend of a possible landing to the goals below
In light of this, it is possible that the pair will undergo a correction to the upside to complete the downside move in the event of stability below the mentioned resistance levels above 23.6-38.6 Fibonacci
I personally prefer to sell and the most important point is to close part of the contract with the top stop resistance drawn by the green line and the targets 10-20-30-40-50, reaching the mentioned target at around 50.0 Fibonacci levels and the extension of point D of the BC 1.51% -0.52% -0.93% 0.96% leg of the Crab model as illustrated On the chart and on the four hour chart here we note the pair is centered on the average pound and the correlations reached to the atom at both the Stochastic , RSI and CCI
Preferably to be out of the deal according to the risk rate on your account does not exceed 5% and the highest level will be 23.6 Fibonacci
Open the chart and decide to enter the smaller frame for you to be clearer and wait for the action
The first scenario
Pair in the event of a rise and reach very strong resistance levels to re-test these levels which fall between 1.1650 to 1.1800
These are very strong resistance levels represented by levels of 38.2-23.6 Fibonacci and here the sale is available with the signs of selling it
The second scenario
In the case of stability below the resistance levels 23.8 - 32.6 Fibonacci which is tested now and when the closure of the candle four hours and the opening of a bearish candlestick This gives a motive for the fall of the pair and on the daily Frem note the pair has broken the rising trend and if the stability of the trend of a possible landing to the goals below
In light of this, it is possible that the pair will undergo a correction to the upside to complete the downside move in the event of stability below the mentioned resistance levels above 23.6-38.6 Fibonacci
I personally prefer to sell and the most important point is to close part of the contract with the top stop resistance drawn by the green line and the targets 10-20-30-40-50, reaching the mentioned target at around 50.0 Fibonacci levels and the extension of point D of the BC 1.51% -0.52% -0.93% 0.96% leg of the Crab model as illustrated On the chart and on the four hour chart here we note the pair is centered on the average pound and the correlations reached to the atom at both the Stochastic , RSI and CCI
Preferably to be out of the deal according to the risk rate on your account does not exceed 5% and the highest level will be 23.6 Fibonacci
Open the chart and decide to enter the smaller frame for you to be clearer and wait for the action