A. personally i would only go long if it breaks above 0.7400. B.overall i am still bearish, the daily candle failed to close above the triangle and the channel. close to MA level, and confluence with some resistance and fib level. C. i would short till 0.6600 which is an ABCD pattern extension and also a psychological Area and thedistanced of the triangle ...
we will wait and see the test of fib level to enter a long after this short
waiting to go long, wait for PA to play out
break of CTL to go Long with few confluences
waiting for the test of 61.8 fib level and a possible of D extension. waiting for price action to confirm , waiting for long term break out
wait for the breakout. target is the high and low of the triangle in confluence with short 38.2 weekly fib level and long if break above the triangle reaching target 1.27 extention, be patient people, let the market come!
waiting for the break out AB=CD monthly, a tweezer bottom at support area
1.Monthly, price should retrace to resistance level in confluence with 38.2 Corrective wave 2. Daily price looks like a breakout of CTL and should touch the 1.14000 area again, if it breaks that level it should reach extension D which is near level of retracement monthly of 38.2 3. still strongly belief that it will reach the 38.2 level before going further down
on a weekly the candle closed inside the channel where it shows a possibility of going long to 16000, yet on the daily, 4hr 1hr chart it shows a break through of TL retest yet no sign yet of continuation in candle stick for it to reach 15200 yet, what do you guys think???
retest continuation, wave is correcting ATM, go long for correction wave and price action for confirmation of impulse wave (short)
Two scenarios break retest continuation wait for price action, or it was a fake break out of the trendline, and resuming to make a higher high to extension level
strong support at the bottom, wait for break of either side
Longer TF it looks like a break of support and retest continuation
1.Go long after break out of InnerTL for a (corrective wave) the retracement of a Daily Time frame for 400 pips. 2.Go short after the Long has reached target, and wait for PA to confirm the short for 1800 pips, but for safety rather go short after the break out of the channel(Flag) and target the extension which is back to (impulse wave) D and D2