I belive there is one more big down move wil happen to complete the daily weekly 5 wave corrective structure than goes up for long long time. If i see impulse down and correction than look for sell if it breaks up i will wait for correction and buy.
At the moment i am looking for sell. if the price will make corrective move in the following days than i will go for buy above the main trendline.
If i see any price action such as reversal pattern from here or any impulse down and correction to the downside i sell. One of them will work and gives huge profit.
Ok everyone is saying this is the start of the big down move. Maybe, but what if we only correcting the previous weeks impulse for a while, and there is one more upmove to reach the weekly structure and hit the 1.27 as we have seen many times. this will give us a nice abc weekly corrective move to the downside. My theory is breaking only if i see more...
Short term sell setup then i will look for buy once price comes back to the bottom
I see some sell setup right now but i only want to trade the buy setups as for me the upside has more potential.
Anytime price comes up correctively i sell the tops if breaks down impulsively i sell also . if i see continuation pattern to the downside i sell. So the point is to sell and sell untill i get the big trade. Risk to reward is more then 1:10 so if i fail 3 4 time, who cares one of them will work ang gives a huuuge profit. Good luck
Only sell this price anytime i see short setups
Short setup if flag comes to the downside
Lets see are we going to get an impulse here or correction more to the downside.
This is a nice buy setup to go up at the moment
I am looking for short from now and in the highlighted zone.
If i see nice price action in the highlighted zone i want to sell
I am a buyer on this pair if i see impulse up and continuation pattern from now to 72.80. Lets see if we get it now or later.
Up to the upper trend line i only look for short, idea valid if the price makes an impulse down and corrects than i go for short.