this is difficult one .... not much signal given in this chart
i guess this will keep going on for short time and then will fall slightly bigger pips.
on short time frame it is stuck in a wedge which will end soon
it should respect fib 38.2
this one not very confident. :)
i guess this will keep going on for short time and then will fall slightly bigger pips.
on short time frame it is stuck in a wedge which will end soon
it should respect fib 38.2
this one not very confident. :)
i will short around (if breakout )1st arraow end 1.17000
else if it continue and reverse breakout aroound . 17100
or else will do final short at .17400 (3 arrow) -> Stong resistance and zone + strong trend line formation :- passing this level and continuing up would definatlry require some big news.
(some problem with chart not displaying full info like fibo level & resistance zone
happy trading