Last week's analysis and daily updates will be linked in "Related Ideas" below. The marked up Price Ranges were all caught moves! THIS WEEK EU's within a channel moving upwards and has reached a strong resistance level . Previously we've seen a double top formed at this zone and would like to see a similar pattern begin forming to enter for another short position. The Fib levels are in confluence with my TP’s also. We must be mindful of the trend line EU has yet to reach within its channel at this time, as well as liquidity/s on the daily marked in yellow. We'll be looking at lower time frames for confirmations and putting off the short position until then. Have a good trading week, feel free to comment below!
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Invalid! Waiting for Liquidity and Trend Line Reach for Entry
