the same pair and structure as 7 days ago but with more precise chart with FXCM data
Intersection of key levels at both event areas
1: fib 0.50 + support + trend line
2: fib 0.618 + support
Waiting for nice candles at key levels and possible ranges to form
Considering H4 + RSI (9) divergence
Intersection of key levels at both event areas
1 - fib 0.50 + support + trend line
2 - fib 0.618 + support
Waiting for nice candles at key levels and possible ranges to form
At key area
Breaking either the long term trend line or the short term channel can signal a good opportunity
For long the fib0.618 can also mean an obstackle but the resistance above it may be stronger
I`d look for a retest after the break-out