Hi there my friends. Errol here....... Feel free to check out my video on this pair that I just shared
Price is falling from weekly supply and heading to daily demand. Looking for a reversal on return if price continues with red candles.
Price has already bounced from demand and we get past this little trouble spot we could see price continue to rally
- Strong previous support level - Retraced off a key fib level (0.764) - Decent risk/reward ratio of above 2:1 - Showing signs of reversal due to bullish candle with a long wick. - Will wait for price to break the next fib level (0.618) for confirmation that price will continue north. - Will bring stop loss to break even when price reaches at least 90% of target...
Final update for the downside sentiment. After the outlook of Tuesday I adjusted my positioning and Bamb the perfect tap. This is what I was hoping to see in order to confirm my going long. I will be going long as you can see, But I think I will wait until Tuesdays outlook or just after the first hour of the U.S. Open. I am hoping to see and am being aware that we...