I want to keep this as simple as possible but here’s what I’m looking at going into today’s trading.
1) Another potential long entry at the same level as Tuesday’s trade (orange box). Not only does that represent previous , but we would have a nice move heading into that level as well. I haven’t drawn in any Fibonacci yet but I would assume some type of confluence too.
2) The potential completion from earlier in the week and…
3) A potential pattern that has now formed as well.
I’ll see if I can record the Live Analysis I do on this pair during this morning’s Live Trading Room session and add it to today’s Youtube video ( https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg?sub_confirmation=1 )
Chief Currency Analyst at Trade Empowered
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