Retest the weekly bottom at 1.13 and make good bounce
Uptrend on H4
Test resistance H12 and fibo 0.5 at 1.145
Good zone to buy between fibo 0.618 and 0.5, green box
Target around 1.15 grey box
WAIT REVERSAL CANDEL PAIRS ON H1
=> BUY
Uptrend on H4
Test resistance H12 and fibo 0.5 at 1.145
Good zone to buy between fibo 0.618 and 0.5, green box
Target around 1.15 grey box
WAIT REVERSAL CANDEL PAIRS ON H1
=> BUY
Comment:
We had buy signal on H1 but weak one.
Trade active:
Buy around 1.137-1.38 it retest but the price should not drop below the pink line anymore.
Comment:
Looking bad, if price makes new low below the pink line. This analysis becomes invalid.
Trade closed: stop reached:
Honestly, Price didn't follow my prediction. I recommend close this trade with small loss and see what will happen.
