Bearish indications:
LLLH
At the major resistance with evening star candles.
Bearish divergence in the lower high.
Major resistance is still intact.
Respecting the trendline toward bearish.
Fib level 0.5 from the top fall.
AB=CD will complete when it falls further to 0.60920
day time time shows a hanging man and a large red candle indicates the further fall.
Bullish indications:
Morning star candle from lower high bottom.
One resistance is broken.
Trade Plan bias short @0.61690
SL:0.61911
TP1:0.61432
TP2:0.61189
LLLH
At the major resistance with evening star candles.
Bearish divergence in the lower high.
Major resistance is still intact.
Respecting the trendline toward bearish.
Fib level 0.5 from the top fall.
AB=CD will complete when it falls further to 0.60920
day time time shows a hanging man and a large red candle indicates the further fall.
Bullish indications:
Morning star candle from lower high bottom.
One resistance is broken.
Trade Plan bias short @0.61690
SL:0.61911
TP1:0.61432
TP2:0.61189
Comment:
TP1 HIT
Trade closed: target reached:
ALL TP HIT