Confluences
Daily Support Rejection
61.8% Fib Rejection.
3rd Bounce of Daily Trendline.
Double Bottom
Potential New Highs.
If price holds Daily Support and 61.8% Fib retracement we could see further bullish movement up to the 1.76500 area. A break past this level we could be looking for targets of the 1.78000 area.
Currently awaiting a break and close above the Counter Trendline.
Daily Support Rejection
61.8% Fib Rejection.
3rd Bounce of Daily Trendline.
Double Bottom
Potential New Highs.
If price holds Daily Support and 61.8% Fib retracement we could see further bullish movement up to the 1.76500 area. A break past this level we could be looking for targets of the 1.78000 area.
Currently awaiting a break and close above the Counter Trendline.
Order cancelled:
No trade was entered due to price not breaking and closing above the counter trendline and also daily support failed to hold.