Benard_Mwaniki

Benard_Mwaniki

4H resistance Trendline break Awaiting bearish fib,Counter trendline break and MA crossver. -Based on daily TF,after a strong bull rally a retracement is due.on the 4H based on a drawing of a bullish fib set up from the nearest pivot on this timeframethe 50 and 61.8 levels align with a weekly key level area

Benard_Mwaniki

Breakout of bearish channel New uptrend-Higher lows,supported by trend line current level of support at 0.99630 area has gppg historical confluence Waiting on potential 61.8 retracement for continuation of current upward momentum

Benard_Mwaniki

Downtrend-Lower Lows and Lower Highs MA crossover iminent 61.8 fib hit-This area has proven to be a strong resistance lvl(Multiple hits)

Benard_Mwaniki

Downtrend-Higher lows and Lower Lows MA crossover on lower timeframes 50 fib hit