Downflag?
After the break of the bigger supportlevel 1,05, the pair went into a consolidation. The first attempt stopped at the 38,2, the min correction Level. When we test the 38,2 again, a flag will be formed (mangenta). A procyclical short entry could be openened a bit below the last low @1.035
The flags TP is ~1.02
Only Prices above the resistance Cluster (fibos 38,2-61,8) 1.04775-1.05516 will brighten the Chart and generate a tp at the upside @ 1.066
The flags TP is ~1.02
Only Prices above the resistance Cluster (fibos 38,2-61,8) 1.04775-1.05516 will brighten the Chart and generate a tp at the upside @ 1.066
Note
up-dynamic and momentum weakens Note
Note
again lost the fight with the 38,2
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