Possible short setup with a sell stop in place as price has pulled back and about to drop from the key level
Another possible long position, price on daily TF has formed double bottom at a key level and has formed a bullish flag pattern
This will be a conservative entry, this is the second entry following yesterdays aggressive breakout entry. a pullback to the box or golden zone which is fib 50 and 61%.
Price hace touched the key level 3 times now andwe are waiting for the break of Trendline and the level and come back to retest the level then we short the pair....... dont be greedy its friday today so 30 pips can do for today than waiting for the whole setup to drop to the target
Waiting for further candle confirming a reversal, then we short the pair
Price most likely to come back to the resistance level as 3rd touch and if it gives up reversal pattern candles at this level we are going short.
Price has exhausted the 3 market marker levels and will shoot up, its sitting on a strong support