melihFX

melihFX

Waiting a sideway or a deeper correction.

melihFX Updated 

Sideway market. If passes resistance tops it'll turn to bullish.

melihFX Updated 

Possible reversal levels.

melihFX

Strong Resistance Area. Trade is active 1.2340 Counter trade is hard to manage. This is not a trading advise.

melihFX

H&S + Divergence + ABCD + %50 retracement Watch price action for safe entry. Buying activity is still weak but there is some short rejections in lower time frames. Just an idea.

melihFX Updated 

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melihFX

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melihFX Updated 

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melihFX

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melihFX

Shorting from this level. If breaks the trend line it can be a good one.

melihFX

Check for the reversal patterns in lower time frames (4H, 1H).

melihFX

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melihFX

Watch this level and see what will happen. Expecting consolidation around 1302-1306 and maybe a big reversal. You should see a reveral pattern in lower time frames before taking position. (Strong rejection or something else.) 1320 is 127 ext but I don't think it will direcly jump there.

melihFX Updated 

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melihFX Updated 

If breaks 1.2750 then 1.2845 depends on the news today

melihFX Updated 

Look like a 3 drive pattern. Possibly we'll see 3rd bearish swing. 47.85 is resistance. 48.10-48.30 is fibo retracement level.

melihFX Updated 

Expecting a new bearish swing 1.1820-1.1845 range

melihFX Updated 

Plan is on the chart.