Nice trendline on the daily timeframe, but in the 4-1 hour chart we can see that is making a possible double top pattern. We need more confluences to see if it's a sell opportunity or buy opportunity, because if we check the daily timeframe it seems like a retracement. We hope it still continues the trendline to the upsides and touch our target of 153
During these last days, the vaccine of COVID-19 arrived in the US! Probably there's gonna break the structure and make and uptrend! Let's see what happens!
The vaccine arrived in the US, probably there's gonna be a nice trend here in the next few days! Waiting for another LL and some wick rejections to make a perfect entry!
Great Britain announces the Tier 4 a few days ago, let see what is gonna happen during this days! Maybe reversal and bearish? Or bullish?
We can see that there's some wick rejections 139.385! And after the HH on 140.444, it just fell to 139.385 creating the wick rejections that I mentioned before! So there's a high change that this week is gonna be a bullish! Let's see how reacts when the maket opens!
We can see a nice break structure on 1.72736!! And 2 rejections on 1.72303!! There's a HH right now, so I expect a retracement on 1.72535! To create a LL Candle! BUY AT 1.72618!
Let's wait for the structure break so we can do a good entry!