1. 50% fib retracement done from the last move down, will it try again down to break that support? we have a channel and we have a gap in 15 minute chart at 1340 region.
2. US- China trade war, uncertainty may break channel upside and seeing 1366 level. miracle can happen if any news come either parties about to trade deal at G-20 summit.
3. the next scenario is consolidation as cloud is near in 4H TF and in the channel.
Anyhow, I am short till it breaks channel upside and goes to 1350.
2. US- China trade war, uncertainty may break channel upside and seeing 1366 level. miracle can happen if any news come either parties about to trade deal at G-20 summit.
3. the next scenario is consolidation as cloud is near in 4H TF and in the channel.
Anyhow, I am short till it breaks channel upside and goes to 1350.