i had made a post for this pair not too long ago about how this bull trend is not proving to be strong, now we have more confirmation with the cross of the 78.6 fib line after my last post on this pair.. RSI shows hidden bear divergence but we do have a temporary bull RSI trend as well as a nice libra pattern setup to long at market open and an obvious demand zone. seems like a good oportunity to long at market open for a retouch of the double top before this market rolls over. positive euro-0.44% news expectatrions as well
you can see my last analysis for this pair under link to related ideas.
overall views: a temporary bull before the bears turn in this market
be ready to short this market after target gets hit
you can see my last analysis for this pair under link to related ideas.
overall views: a temporary bull before the bears turn in this market
be ready to short this market after target gets hit
Trade active:
PRZ seems to have been found. market is boubncing off demand zonewas found
Comment:
trade going well. look to short the market at 38.2 target.
David K Giraldo
