MatejC

MatejC

Price has been in a downward channel, I will be netering with a RE if we get a nice 3 touch ending structure. If we dont get that i will enter with a reduced risk entry after we get an impulse up followed by a 15 minute flag.

MatejC

As expected price is stalling 0.90500 level. I am expecting price to pullback to 0.86700 level because that a level with ton of confluence. + 50 daily EMA + 50-60% fibbonaci retracement + higher low +retest of previous support of 0.86700 level

MatejC

Weekly : - big bearish H&S pattern - Deceleration - weekly high test rejecting the 50 ema Daily: The price has decelerated at 1.93400 level Has not been able to break above 200 daily ema 4H: - price has broken below rising trendline - forming textbook H&S Pattern - big bearish MACD divergence Drawback: GBP gaining strenght on the back of brexit...