The overall trend is ascendant. The descending wave pattern of the H8 level is truncated. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator left the oversold zone. The inclined channel of the descending pattern is broken through.
Buy on the breakout of 0.8553 (when the ascending wave...
As per last three candle pattern its short bull will losing more control and bear will create more pressure
Shortly sell position up to tp 1.25800 its strong resistance level. current market price is 1.26478
As per Weekly Sinning Top Candles indicate strong fight between Bull and bear.
Because of " Nonfarm Payrolls (Aug)" ,"Unemployment Rate (Aug)" & ISM Non-Manufacturing PMI (Aug) high volatility Expected .
Best Expected Selling Position Between 110.4~110.6 and Profit stop 109.604~109.184
Current Market Value is 110.00
"" This Idea is Only for Educational Purpose "