fx1

fx1

Trying to re-enter. Sell-limit order @ 85.338 RSI looks oversold. (Case for entry) X2A Fib Retracement of .786 @ 85.337 B2A Fib Retracement of 1.272 @ 85.288

fx1

X2A Fib Retracement of .886 @ 0.95839

fx1

X2C fR OF .786 @ 99.058

fx1

X2C fR of .786 @ 0.94783

fx1

X2C Fib Retracement of .786 @ 99.277 B2A Fib Retracement of 1.272 @ 99.287 eNTRY @ B2A fR of 1.414 @ 99.348 GIVES a better Risk to Reward Ratio but in choosing so ONE may miss the trade. Will just watch this one as i cant find any clues looking to the left of the chart, or any trend line or any other factors to make a case for entry.

fx1

X2A Fib Retracement of .886 @ 1.10914 B2C Fib Retracement of 1.618 @ 1.11121

fx1

X2C Fib Retracement of .786 @ 119.287 B2A Fib Retracement of 1.272 @ 119.276 But planning to enter @ X2C fR of .886 @ 119.355 to get a better Risk to Reward Ratio but in choosing so I may miss the trade. One of the Reasons for entry- RSI oversold

fx1

X2A Fib Retracement of .786 @ 1.95148 B2A Fib Retracement of 1.272 @ 1.95800' 23 /Apr/ 2014 GMT 2:45 CNY HSBC Flash Manufacturing PMI GMT 9:30 GBP Retail Sales m/m 28 /Apr/ 2014 GMT 9:30 GBP Prelim GDP q/q

fx1

Invalid

fx1

Noise in the rectangle zone to the left of X & around the same area i have PRZ & pattern completion @ D.

fx1

1. The trade will be to sell and in the direction of the downtrend. 2. Lots of noise in the area left of X & its in the same zone where I am expecting the pattern to complete @ D. X2C Fib Retracement of .786 @ 0.72514 B2A Fib Retracement of 1.272 @ 0.72435 But planning to enter @ X2C fR of .886 @ 0.72603 to get a better Risk to Reward Ratio but in choosing so I...

fx1

X2A Fib Retracement of .786 @ 1180.80 B2A Fib Retracement of 1.272 @ 1180.30

fx1

X2A Fib Retracement of .786 @ 89.847 B2A Fib Retracement of 1.272 @ 89.783

fx1

X2C Fib Retracement of .786 @ 1.47717 B2A Fib Retracement of 1.272 @ 1.47705 But planning to enter @ X2C fR of .886 @ 1.47626 to get a better Risk to Reward Ratio

fx1

X2A Fib Retracement of .786 @ 1.08156 B2A Fib Retracement of 1.272 @ 1.0853 For Take Profit I have not included the spread which should be accounted for, or else price may miss the TP target

fx1

Expecting the price to retest the zone of X and around the same zone begin completion of pattern at D.

fx1

Zone around X has been tested twice before to the left of X & acted as resistance. Therefore, expecting that the price will come to test the same zone of X @ 131.408 where I expect to short or my point of entry 131.408 of X is as per my broker.

fx1

Cant find a case for entry as I cant see any support or resistance in the same zone to the left of the D. Will see how it goes