mxctrl

mxctrl

We've got triple confirmation for entering this short position: bearish harmonic pattern, strong critical zone at blue rect and 78.6% fib, target would be around 1.048-1.045 which also will become the buy zone. This will be a nice 200 pips short.

mxctrl

Wait for a retest on the 1.37265 line and enter long or else, look for a retest of the 1.37506 line and enter.

mxctrl

Based on the breakout of the 61.8 level and the TrendLine a Short at the 78.6 level will be placed

mxctrl

Looking to short this pair at the Fib 61.8% at least to 200 pips

mxctrl

Based on the Trend Channel, a buy and sell limits are placed.

mxctrl

Sell on top of the channel

mxctrl

Short or long depending on horizontal channel breakout