FOR THE PAST 8 DAYS I HAVE BEEN LOOKING AT THIS PAIR HERE WAITING FOR IT TO REACH OUR RESISTANCE LEVEL WHERE I AM LOOKING TO GO SHORT,WE ALSO HAVE A BEARISH BAT HARMONIC PATTERN WHICH IS ANOTHER SIGNAL THAT PRICE MIGHT GET REJECTED AT THIS RESISTANCE LEVEL. LIKE AND COMMENT ON THIS IDEA GUYS. THANK YOU
RECENTLY WE SAW THIS PAIR HERE DROPPING VERY FAST TO A LEVEL WHERE IT BROKE OUR SUPPORT INTO A NEW RESISTANCE,ON THURDAY LAST WEEK WE SAW THE PAIR WAS RETESTING THE BROKEN LEVEL 1.51455 AND RESPONDED WITH FEW PIN BARS.WE ALSO SEE THE PAIR REACTING TO OUR TRENDLINE. WAITING TO SE WHAT NEXT IN 5HOURS AFTER MARKET OPENNING THEN I GO SHORT.
WE SEE THE MARKET REACTING TO OUR WEEKLY RESISTANCE AND I AM EXPECTING IT TO MAKE A PULLBACK TO OUR 4HR RESISTANCE LEVEL BEFORE WE SEE IT PROCEEDING WITH ITS DOWNTREND.
