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Entry: Break of trendline or a touch of solid yellow descending trendline
Watch price action and short.
I got stops above 786.
Aiming for blue ray
3rd touch of trendline. Awaiting confirmation on lower timeframe and then will hold short until the bottom 1160.
wait for trendline break and then short
Price broke trendline and retested it. Not the cleanest of breakouts and very choppy.
If price breaks below whole number 0.76400, we could see a potential drop to 0.74.
Watch price action around the yellow box. I'm favouring a short but it could bounce to retest 0.6880
Trendline in the process of breaking. Watch for break below whole number and then short. Possible retest for entry
Watch near resistance for bearish signal + break of trendline.
Wait for break of trendline then short to next support area. Potential 200pips
Watch for price action around 114 - 114.500. Once there is a bearish signal, short and watch for break of trendline for a continued short.
Watch for price action around 129.300. If bearish price action, short until 127.500 atleast.
Wait for price action around 1.143 to tell you what it's going to do and then execute!
Gonna wait for either break of trend line or for it to touch the top of the channel and bearish reversal signal
Either going to be great long or retrace