Wait for price to reach burgundy line 38 fib level then buy if you are not in already..take profits at 176 and 300 fib levels
However of price breaks thru the burgundy line and closes underneath in the 4hr chart wait for a pullback and sell
Go to lower time frames for entry point like 15 min chart
Stop loss under yellow box
Take profits red line 161 fib level back to the top...and we might sell here back to the bottom floor if price doesn't close above the red box....end of the week....you know how it goes
And we know this because price has broken thru a level of resistance..
So now we patiently wait for price to return to that level of resistance which will now become support and we will buy this pair at the orange box 23 fib level. And will exit the trade at 223 fib level the orange box at the top... the place where price came from b4 and the last level of support...
Sorry guys my last idea for this pair was rushed
Wait for price to get back to that level of resistance it has broken thru...the orange box...then buy this pair and take profits at the orange line 127 fib level
However if price breaks thru orange box wait for a pullback and sell
Wait for a pullback to the orange line.. then buy this pair and take profits at the orange line at the top 127 fib level
However if price breaks thru the or line on the bottom wait for a pullback and sell
If price fails to get above the orange line sell this pair and take profits at 127 fib level or line on the bottom
However if price breaks above the orange line and closes above the black line wait for a pullback and buy
Black line on top stoploss