-Can clearly see the structure of the market
- resistance becomes support
-connected the previous lower low to the high and we got ourself a 61.8 retrace along with a support which ties with it.
BUY BEFORE ITS TOO LATE
- Following candle after that rejected the 50 retracement
- Minor support of 4.90 broke and had to it falling to the next support at 4.17
- Multiple attempts to break past this strong level but it has closed above it . This would be a highly suggested level to buy at 4.17 region
- 3.50 will be next buy zone if it goes any lower which is the next support
Buy it before it booms 🚀
- 3.25 support broken causing price to find the next support
- 2.93 support is currently holding . This would be a good area to BUY if you haven’t .
- If candle closes below 2.93 , expect for it to fall lower to 2.22.
- $7- $8
last post on euraud got stopped out due to the fact it came back to retest the 50. Stops shoud've been a bit higher. Now that its tested the 50 fib... we should see a continuation to the downside. First target will be at the blue zone. Once that breaks , im expecting for it to continue down to the 2nd targeted area.
3RD TOUCH, BEARISH ENGULFING, 38.2 rejection. Currently in s/r zone. Expecting a break below. Once that breaks, TL will be the target. Once that breaks itll be the confirmation to its downside movement.