3rd touch, everything explained on image
We have a clean downtrend structure, clean liquid break of the previous support with super strong bearish candles. Possible retest on the resistance which also falls in line with a super precise trend line retest and 61.8 fibonacci level re-test.
Break & R 1H, multiple rejection wicks, bearish engulfing. Everything lines up with the downtrend. Short
Took out previous lows, rejection on 61.8 fib + 200EMA, clear bullish structure on the 4H. Entering on the higher low. Target at the next resistance zone. Bullish fundamental bias as well.
Dollar getting weaker every month, clear downtrend, re-testing resistance and the FIB 'Golden Zone' (bearish engulfing candle on resistance too), potential head and shoulders pattern and clear 3rd touch of a clear trend-line. Overall bearish fundamental bias as well. We have all the confluences in one single trade x)
Price on a steady downtrend. Retracing on the 61.8 fib level on the 4H timeframe with a long rejection wick (bearish engulfing pattern on the 1H timeframe as well. Waiting for the 1H candle to close as a bearish engulfing to go short)
Retest on trend line, rejection wicks, pin bar formation and bearish momentum forming. Taking profit at the next area and leaving the position running for a 1:3 Risk-Reward
Price broke resistance level, waiting for it to retest. Could be a nice buy position