MichelsonRenard

MichelsonRenard

i possibly see eth coming down more based on my chart breakdown

MichelsonRenard

looking for shorts to 27 on fib

MichelsonRenard

if pull back occurs this is what will possibly happen

MichelsonRenard

Made It very simple so you can understand what i see

MichelsonRenard

if structure is broken then downside is valid

MichelsonRenard

Sorry forgot to post Sunday but this was my overall bias

MichelsonRenard

This is what we may see

MichelsonRenard

potential head and shoulders setup. Then a rally to the upside which may reverse at 38.2 level on Fibonacci but it the level is broken then next reversal point is at 61.8

MichelsonRenard

Gbpjpy hit daily resistance therefor may lead into further downside to target