will be looking for shorts soon, tp at gap close
expecting price to tap into resistance, or top of channel before looking for sells, prefer to wait for buy positions
Downside momentum continues, no sign of reversals YET. Monthly, Weekly, Daily all in a downtrend. possible short term buys, if we see price rejecting around daily/weekly channel support.
short term buys if we break pennant to the upside. Mid term buys if price falls to weekly channel support and respects
EURUSD LONGTERM VIEW- BULLISH EURUSD SHORTTERM VIEW- BEARISH EURUSD is approaching support/supply zone on weekly/monthly which aligns well with the bottom of the weekly channel. Reaching the bottom of the channel/support will also fill the gap we have on the weekly chart from April/May 2017 Important zones I will be watching is ranging from 1.07500-1.0700, ...
reaching the bottom of the channel, close to support zone, wait for a break to the upside and a retest of 1.000 after we break the descending channel.
looking for further confirmation for shorts, watch for levels highlighted
AT resistance, possible HEAD AND SHOULDERS FORMING