last trade stopped out, and now i feel another sell is coming, but do not be aggressive, wait for the candle confirmation e.g. engulfing etc.
see arrows and wait for closures of candles.
depending on breaks and close. i have a quick sell open as bouncing of 50FIB
pitchfork is pointing up but 1W shows downtrend is likely...hence...
AGGRESSIVE SELL NOW OR ON BREAK CONSERVATIVE WAIT FOR BREAK THEN PULL BACK TO RETEST but it is below 50 FIB
also there support - yellow line this is a counter trend so small scalp.
i did not publish this yesterday as it is really aggressive but im holding a sell at 1615. lots of ideas say buy though
not exactly in pitchfork, and could reverse on trendline. up to you :)
pound has shown signs of weakness across all board
sell on breakout - A sell on break and retest - C
consolidating, however, at a tested resistance and a counter trend trade