Here is the Bearish 5-0 update from last week or so. It hit the 2 fib level and is showing signs of a reversal to the upside as expected. Around 824 more pips up to the Sell Point. Then another potential 1,876 pips to the TP point.
I will get in on this buy up to the Sell Point.
Hopefully this pair doesn't get hit with news and does what it is expected to. Fingers crossed!
Its extremely oversold on the daily and the news are the only reason causing the fall, by looking ahead from the smokescreen its defiantly going to go up around 1.95/1.96.
staringatskyline
⋅
@Jamal92, Absolutely bro! I have TP at 1.95775 but because the H&S is sorta crooked, I'm not 100% sure it will get to the .5 fib level for the retest. Might have to manually take profits. And then make sure to enter the sell with the TP at about 1.77100