I expect more bearish movement. Due to high risk events this week, remember to reduce your position.
Entry zone:
0.756 -0.7575
Geometrical entry zone + 0.5-0.618retr
Potential targets:
- 0.745
- 0.7428 (D point of bullish butterfly)
- 0.738
Fibonacci point of view:
Marked important Fibo cluster levels.
Entry zone:
0.756 -0.7575
Geometrical entry zone + 0.5-0.618retr
Potential targets:
- 0.745
- 0.7428 (D point of bullish butterfly)
- 0.738
Fibonacci point of view:
Comment:
Potetial H&S
Comment:
Remember to close the trade before FED's meeting tomorrow and reenter after market catches it's direction.