I'm looking at a pullback off the fib confluence, nailed the longer term 618. Daily shooting star looks to confirm. Back to the .98000 area, Then looking to long to the 1.00 area, where you will have another fib confluence, as well as an even number. Which should also complete a 5 wave move. Just my thoughts!!!
Although I am very bullish on this pair, I believe we are do for a pullback soon, if it hasn't already started. We hit some support, 50% fib, and a pretty strong trend line. I am looking for a short setup at this point for a nice pullback, then a long setup to follow. Just my thoughts, definitely not trade advice.
I've been doing a little research on 60 bars block of all time frames. Take a look at time 60 block weekly period in price Highs, Lows, and Peaks. The end of this period from the past hit a high of 1.09150 area, and look where we are today. Price for both began just above 1.27. Where do we go from here?