MrXCyprian

MrXCyprian

My sentiment for the week on this pair based on the confluence of chart patterns, structures and EMA is bearish.

MrXCyprian

Based on my previous bearish sentiment on the pair, i am expecting a breakout from the descending wedge and a price drop to the 1.26680 level...LFG!

MrXCyprian

the setup is likely to take awhile to build up but keeping a close eye for a bounce off the resistance level and the start of a new range with a downward movement.

MrXCyprian Updated 

Following the breakout from the upward trend, a retest to the resistance zone and a bearish rally below 1.28585 will see price drop to around 1.2650

MrXCyprian

i expect a possible break out of the bearish wedge structure and a retest followed by a downward rally to the strong area of support.

MrXCyprian

i am expecting a possible reversal at the weekly demand zone looking at confluence of chart patterns and my EMA for a possible short position to the supply zone this week.

MrXCyprian

Amazing sell opportunity coming up. Everything is in the chart!

MrXCyprian

there should be many short term trade opportunities from the consolidation box being formed, ultimately i will be expecting price to either consolidate further or move to test the trendline/200 EMA then fall further to the daily resistance zone before a new rally to the upside. TRADE SAFELY!

MrXCyprian

With price breaking out of the trendline and a nice retest, i am expecting to see a strong rejection and push upward to the next supply zone.

MrXCyprian

Follow the trend...with usd strong this past week, price is likely to break the resistance zone, turn it to support and continue to the upside

MrXCyprian

Hoping to seeing a further retest at the 1.3872 zone and a further push to the downside for a possible inverted head and shoulder before continuation to the upside