Trump speech tomorrow is expected to bring the strong dollar to the table which will move this pair down and should be continuing down to complete the Handle on the other mark up from couple of days ago.. Sell the break out Trade with care. -FxRussian
possible moving avg. cross over could be another conformation
Fractal, Bearish Divergence. Supply zone.. Wave B
Expecting big movement @ 8:30 EST after the NFP actual.
Reverse cup and handle.. right at support.. approaching 70% fib. 4h Bullish Divergence.. if goes long it will form a bearish Flag in the long run and Collapse into the next demand zone.
Trade Break out, MA crossover, looks bullish to me
Next week will look for entry will keep you updated
Wave D ... later i see it shooting up to 1.34... Bearish Divergence.. Channel Trade..
Previous Support becomes Resistance.... Clear rejection of the resistance... will be placing a sell order next week, More updates to come.
Entry next week.. will keep you updated.
94% chance that the Fed will raise the interest rates tomorrow... this will result in a fall of oil prices.
All signs for a nice short entry and continuation of the bearish movement for this pair... With DXY looking bearish also it will move this pair further south. I will be looking to sell this at around 115.46 following the fibonacci retracement and because it matches the channel... Also we see a Bearish Divergence and MACD moving average crossover also happening.....
Bullish Flag.. 1.0850 before correction
Onto Wave 2, Then we are following the wave all the way up. A lot of possibility in this trade.