Hoping to see a push down from black TL & MA as it has done in the past , may fall into a descending channel. First target is around 101.00 then 100.60
Nice possible bounce at trend line. It goes left of the graph so pan to see that.
My indicators agree with the fibs, I know they may be confusing lol.
Buying in at 0.79213 and stop at 0.79100 with a pt of 0.8100
Forecast for the both sides of chart.
Happy trading!
______________________
START MAKING MONEY with INSIDEMARKET TRADE SIGNALS .
Mail me to InsideMarketFX@gmail.com or at Skype @insidemarket168
Trade record & statistics: miud.in
Something's setting up.
Happy trading!
______________________
DO YOU WANT TO TRADE LIKE A PRO?
Contact me for trade signals: InsideMarketFX@gmail.com / Skype: @insidemarket168
That's how we roll:
Happy days!
______________________
DO YOU WANT TO TRADE LIKE A PRO? Contact me for trade signals: insidemarketfx@gmail.com / Skype: @insidemarket168
Based on Fib Extension and Structure
Target around 127.2% extension from last move.
IF we break that 127.2% extension THEN we move to 161% zone.
"Look left, structure leaves clues..."
The 200SMA on this pair has acted as support throughout February in what is a very ranging pair.
We see some selling pressure at 119.9, which is indicated to be holding.
Price action at the current level is indecisive, I could see us travel to 119.3 before bouncing back up as the overall trend is still up on this pair.
I would look for buying support to TP around...
