A- SUMMARY - Personal FAVOUR Wait for a SHORT !! > Pin BAR (Bullish) @ H4. > This pair MIGHT Pull back before CONTINUING down trend again .. - BETTER Scenario !! OR Might Reverse UP and Hit the FIBS 61.8% Zone (@ 1.260509) - Less LIKELY ! the Previous highest is 1.25558 ( 50 PIPS to FIBS)
MONTH Chart: At Top Down SLOPING Channel – Possible TREND DOWN !! 1- Price near FIBS 61.8% @ 1.26059
WEEKLY Chart : Price already in WEDGE formation 1- Price also Touch WEEKLY S/R @ 1.24823 & Retrace down
B-This Coming WEEK Analysis: DAILY Chart : Price at WEDGE formation 1- Would Like to see it BREAK clean for a POSSIBLE SHORT !!
2- ENTER via H4/H1 Chart > LOOK for Possible Pull back ENTRY