Enrique_grcia

Enrique_grcia

we can look for those possibilities in pre-London session

Enrique_grcia

waiting for price to break resistance to start buying, M is the monthly resistance and the target

Enrique_grcia

GJ is going down due to the MM method, it already formed M and it created A already, we’re waiting on the second zone of consolidation. also if it breaks that 139.540 support our next target could be 139.445 because on the right there’s a zone of consolidation that attracts the price and it should try to break through it.

Enrique_grcia

This pair already formed WVV it's forming the second leg of M, it already did a double top. the outlook of this pair is downtrend, TP would be 1.03239.

Enrique_grcia

this is what can happen with this pair, i can't find patterns at the moment but fibonacci retracement helps here. the price could still possibly go up but not right away, it can make a retest to .382 or .618 and the cause of that could be the news that will happen in 4 days from today, and that can catapult the price to -.618. i set up a buy limit on the prices...