1. PRICE MOVES HIGHER RUN STOPS PREVIOUS WEEK HIGH INTO THE 1.00485 LEVEL. I WILL HUNT FOR BEARISH PATTERNS AT LOWER TIME FRAME TO GET SHORT TARGETING YO ( 0.98410 LEVEL)
2. PRICE MOVES LOWER AND RUN STOPS PREVIOUS WEEK LOW INTO THE YO (0.98410 LEVEL). I WILL HUNT FOR BULLISH PATTERNS AT LOWER TIME FRAME TO GET LONG TARGETING THE 1.00485 LEVEL.
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BREAKER SETTING UP: WATCHING THIS PAIR
FEB 6TH: BULLISH DAY, RUNS STOPS ON PREVIOUS DAY HIGH AND CLOSES ABOVE. FEB 7TH: DOJI CANDLE, OPENS CONSOLIDATES MOST OF THE DAY, RUNS LOWER AND CLOSE AT THE OPEN FEB 8TH: BEARISH DAY ( I SEE THIS AS BIG MONEY DEALING ZONE) ANY BREAK BELOW THIS DAY 0.99963 LEVEL I AM SHORT, TARGETS PREVIOUS WEEK LOW (0.99051) AND YEARLY OPEN YO (0.98410)
3 DAYS OF CONSOLIDATION AT RESISTANCE ZONE AND TODAY A FAST MOVE HIGHER AND A REJECTION AT 1.00485 LEVEL.