Poseido2Gabriel

Poseido2Gabriel

If price can maintain over rectangle area, fast move for short stops can happen.

Poseido2Gabriel

Possible routes with square of 9

Poseido2Gabriel

In the coming days, we may see a retracement back to the support resistance wall. This should balance the overall structure.

Poseido2Gabriel

After a retest of the channel breakout, price may go south

Poseido2Gabriel

This may be the end of decline from 1300s. But first a long squeeze might be seen.

Poseido2Gabriel Updated 

Long squeeze below 1.23 can be the final leg of correction, and then a higher degree rally can begin.

Poseido2Gabriel

77.50 ish is important for a downward move, old lows are targets.

Poseido2Gabriel

Trend continuation trade

Poseido2Gabriel

Entry area is on the chart

Poseido2Gabriel Updated 

If this down move is a shift of market structure, then selling the pullback is a good idea.

Poseido2Gabriel Updated 

up flow may continue, idea is on the chart R/R:2.5

Poseido2Gabriel

Might be stop running for both sides, but here is a possible trade

Poseido2Gabriel Updated 

Idea is on the chart, R/R:3,71

Poseido2Gabriel Updated 

If PA stays above 1.3080 then we can see a move to 1.3210-1.3220 R/R:2.44

Poseido2Gabriel

it may be a broadening wedge formation, after an attempt to gain new highs it may be a though down ride.

Poseido2Gabriel Updated 

After checking for the 61.8 retracement price can reach for the liquidity above 1.48

Poseido2Gabriel

Details on the chart

Poseido2Gabriel

From a statistical point of view, expecting at least a %10 correction of the current move.