$EURUSD, 4 Hour Timeframe Indicates A Double Top
Which Indicates A Possible Change Of Trend.
-- With The New Adjusting Fibs Place At The Top Of The Second TOP
What I'm Looking For To Enter A Short Position Is For A 240 Candle Close
Below 23.6%. As you can see currently price is holding that
level as support
- I Will be Aiming For A Long Term Drop Around 1.10675 however i've noticed A Double
Support Trend-line Confluences with may indicate a strong barrier to break.
IF Price Gets To That Level I Will Ensure My Stop LOSS is At Breakeven.
& I Will Add A Second Position if Price Breaks 1.11916
Which Indicates A Possible Change Of Trend.
-- With The New Adjusting Fibs Place At The Top Of The Second TOP
What I'm Looking For To Enter A Short Position Is For A 240 Candle Close
Below 23.6%. As you can see currently price is holding that
level as support
- I Will be Aiming For A Long Term Drop Around 1.10675 however i've noticed A Double
Support Trend-line Confluences with may indicate a strong barrier to break.
IF Price Gets To That Level I Will Ensure My Stop LOSS is At Breakeven.
& I Will Add A Second Position if Price Breaks 1.11916
Comment:
Support Area Which I Needed To Break To Enter Looked To Hold Weight AS Price Has Now Bounced 30pips UPWARDS!, Key Is To Stay Patience And Wait For A Possible Break!