lester1617

lester1617

looks like the corrective move upward is reached the zone between the 50 and 61.8 fib retracement which is the good spot for sell opportunity, maybe wait for the price to go back up again to retest the sell zone for more confirmation.

lester1617

this is my own view. trade at your own risk guys.

lester1617

sell set up is for short term. buy set up is for long term. its up to you how will you play this pair.

lester1617

this is base on technicals only, but if i take this trade i will wait some confirmation before entering. about target profit i will choose the 0.382 level for me its the safe and conservative target with Support & Resistance confluence

lester1617

my own view with simple ABCD pattern. trade at your own risk.

lester1617

for me looks like a high probabilty long set up with this bullish cypher, because its clear that the D leg completion of the cypher pattern is right at the trendline. this is my own view, trade at your own risk. it is based only with technicals, no fundamentals attached.