Taking a look at this chart I see that the 0.89323 zone , which has been respected in the past, was broken with a strong impulse. My thoughts are that we should expect a retracement back to that level and from there we might get another sell so lets see. The FIB 0.7869 level is also in confluence with the 0.89323 zone and we wee a bullish cup with handle candle...
looking to sort AUDUSD into the Daily Fib golden zone. Strong impulse made a clean break of the 0.73500 to 0.7400 zone. I will look for a buy set up when price gets into the zone and shows some rejection at the retest.
Saw this divergence set up on the 1 hr time frame for EUR/USD, it was also in confluence with daily fib retracement. saw some further divergence on higher time frames as well.
saw divergence happening which correlates to a break of the trend line. looking for a retest of the trendline (lines up with a zone full of wicks) before it shoots up
looks to be at the top of the trend line with a divergence related to RSI. looking for a 80 pip short here. 25 pip stop loss but will cut short if it breaks
