MlondiFX

MlondiFX

The daily previous bearish close speaks a lot, set sl above the wick of the previous candle we should start falling seriously very soon

MlondiFX

A possible sell if we see break and close on h4 on bearish candlestick.

MlondiFX

We simply see a very nice head and shoulder on the H4 time frame, with fib at 61,8 which is quite what we want. Bears are about to take over on this one.... sell and hold with stoploss 50 pips from entry

MlondiFX

So we were having an uptrend, then we experienced a break of the structure or trendline and now we are seeing retest while we having a formation of head and shoulder pattern!!... will be using fibonacci from now on to check the retracement level to enter a sell anticipating the golden ratio or anything less will try my best to update