We have a break of Market structure. This appeared last week. hoping to continue the upward movement when the pair touches my FIB key area of 0.764 at 0.53250. hoping to harvest 120 pips till 0.54500 Watching the 12345 pattern that has completed the 3rd wave. hoping to ride with the 4th wave at that zone of 0.53250
What are the odds that this pair will drop to those level. The rectangle zone is shown clearly there is a rejection with a doji pattern. Showing that that zone is a key area and it will not break easily. we are bearish We join the market at Current market price
What are the odds that this pair will buy till those ones shown.s i see it has completed the ABC wave. it is now on the fourth wave that will buy till the level shown and beyond. it can give us 200 pips and above. it has also come to our level of 0.236 fibonacci level.