risz601fx

risz601fx

Last two daily candle is bearish. Price still has sell momentum to go downward. Don't catch a falling knife. Look for new higher price structure before taking long. Should confirm with bullish candle close on H4 at support level.

risz601fx

Wait for bearish pullback finish at last resistance become support. Wait for bullish signal and go long at this support level until target area 0.708.

risz601fx

Go Long until at this 2 key level. a. 1.125 b. 1.135 I will go for short if there are bearish pattern signal on 1H or 4H. Hope so.

risz601fx

If price pullback, it might retest 1.618 fibo level. (seems like Support become resistant) Price then hopefully go to 107.75 for take profit 1. or hold until 106.50 for TP2. It is just my opinion.

risz601fx

TF 4H - Price might retest the fibo level 0.618 and goes up. - Wait for Buy signal on 1H