there is this minor support that exists on the daily and the 4h timeframe this supp pushed the price +790 pips once price touched the area if we witness any good bullish price action in the 4h time frame we can enter a buy trade .. but the price action needs to be strong to confirm the movement to the upside
sell USD/CHF @ 0.92950 _________________________ ENTRY REASONS: 1- price is moving in perfect down trend channel 2- the next lower high will be our selling point 3- the entry point will be perfect as it is one of the fib levels
in a down trendline the price is creating a multiple lower lows and it will be a great chance to enter sell once the price touches the trendline
Double Top Pattern ------------------------------- @ 0.87690 Is A Great Area To Sell Entry Reasons : * Neckline Is Broken * Perfect Pattern *the Minor Direction Is Down *Daily Closure Below Neckline
Sideway Movement In EUR/NZD ———————————————- @1.66900 Is Great Area To Buy Eur/nzd Entry Reasons: * Great Area Of Rejection *No Daily Closure Below It *Pushes The Price Very High Everytime Stop loss @ 1.66300 / 1.66200