On the daily timeframe we can see price facing some resistance. -38.2 retracement -horizontal structure resistance -EMA34,50,90 confluence and we have hidden bearish divergent as the sign of continuation. based on this reason we can expect price to drop again. entry strategy on H1 we can see price squeezing and we have regular divergent for reversal from minor trend.
Price retest the top again but failed to break and make a pinbar. we can take an opportunity to short this pair. sell when price break previous minor low/blue line. SL on the red line, targeting 38.2 and 61.8 level
on the weekly chart we can see in these 3 weeks price cannot break the support and make some rejection. and on 4H chart we have bullish divergent and potentially make an inverted head and shoulders pattern as a reversal pattern. entry strategy will be taken on smaller TF. SL will be below the head
In the previous idea i have long position in this pair. and now i see a potential target and cypher pattern to short again after complete pattern
On the daily previous candle make a pinbar and look reject from previous structure resistant. we can consider to take a short position on the smaller TF. M30 price pullback to previous structure to short, or wait at 50 percent retracement.
After forming double top pullback to 61.8 level We can sell it again with 2618 trade setup and look for setup entry on smaller TF. first target on the previous low and final target on the black line.
Potential shark at 1.618 level confluenced with 61.8 retracement. will take a short on this complete pattern, look for some downside then will aim at least 1st target at 38.2 updated soon
Price retest the resistant area with confluenced pattern and fibo cluster. For entry strategy we can see on the small TF that price breakdown the trendline and now retesting the structure area.
Look for short for this pair. will wait price to complete Bat Pattern and 61.8 level. those area will be a good PRZ to short. Find entry setup on the smaller TF
Price couldn't break 61.8 level confluenced with 1.272 level. after make a double bottom, price break trendline, and now pullback. we can take a buy position. final target on chart
Price testing support level of previous structure and complete ABCD pattern at 78.6 level. Price potentially pullback from this level, targeting back to 61.8 level.
price looks rejected at 61.8 level on significant support level. it will give us buy opportunity. but we need reversal pattern on the smaller TF to buy. cek H1 timeframe to find best entry
In the previous day price looks reject and make a pinbar and potentially make another upside move. Entry strategy on the smaller TF we can use Inverted Head and Shoulders Pattern. Buy on the right shoulder
Price facing resistant and still can't break it. price break trendline and we can expect some pullback to the previous support
Price potentially make a gartley pattern. Prepare to short from fibonacci cluster area, find confirmation on the smaller Timeframe. aim 110.000 and 109.300
after previously price tag the SL, now price break channel and EMA 90. Will take another short on pullback to the structure
Still look for downside for this pair, find opportunity to short at 61.8 level or bearish cypher. stop above previous high