I had previously placed a -SELL- but I did sadly get stopped out. However; I was still checking this pair and I found that we had a 38.6% Fibonacci Rejection that also aligned with a Trend-Line rejection as well. Our 4H candle closed -BELOW- our Trend-line (As well as our 2H chart making this a higher confirmation).
My overall T/P is roughly +105 PIPS of profit. I don't have any minor Support areas so if I reach +35 PIPS of profit I will be moving my S/L into break-even as we have had some unusual movements during the week. Overall my bias is to the down-side unless we see price closing -ABOVE- our Trend-Lines we really don't have anything to worry about.
*This is NOT a signal. We are not responsible for any types of losses you may encounter with trading. Trade at your own risk.
My overall T/P is roughly +105 PIPS of profit. I don't have any minor Support areas so if I reach +35 PIPS of profit I will be moving my S/L into break-even as we have had some unusual movements during the week. Overall my bias is to the down-side unless we see price closing -ABOVE- our Trend-Lines we really don't have anything to worry about.
*This is NOT a signal. We are not responsible for any types of losses you may encounter with trading. Trade at your own risk.