fib6

nakedchartist nakedchartist EURSEK, 60, Short ,
EURSEK: ERUSEK a short from neckline retest
59 4 0
EURSEK, 60 Short
ERUSEK a short from neckline retest

From larger timeframe I can take a strong bearish week below 3 months low. I am now looking at a neckline retest and there is a channel of sorts with macd divergence from the recent peaks. Price remains below the f6 from the downflow that I have identified. My bias is wrong if it should day CLOSE strongly below the green lines. Spikes are not considered SL for ...

nakedchartist nakedchartist GBPJPY, 60, Short ,
GBPJPY: GBPJPY potential short
61 3 0
GBPJPY, 60 Short
GBPJPY potential short

GJ is still an up for me now. I have short bias but I will be need to be patient and only consider short again when price reaches the circle, which has the pincer channels in place, together with f6 and divergence. Till then, still monitoring this setup.

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