Today's analysis is a simply one. market have been in a triangle all this while and right now the X-wave have broken of the trend line and have seemingly retested it, so i see a sell order there, sell and set TP-1 at 105.610 and i think market might try to retest previous low so after that use trailing stop and aim for 105.152
this is my first time posting a publication, hence i am open to any constructive criticism.
currently market is just bouncing off at Fib point of 0.618 which is currently acting as a support, the uptrend now in motion is expected to retrace to about 0.786 (Fib retracement) of the preceeding downtrend. so i am expecting the market to go all the way up to the price...
