News will release early . and according to me. the news can make a high make a average high impact which tends to move the price upward.
As we see here . the pivot is a strong weekly support but all confirmation must show that its time to move downwards. The price will break Channel First then Hit the TP's.
Recently i post a Bearish trade of EURUSD that the price will fall down. Now this small trade is also a part of that trade. After the confirmation It is a good opportunity to enter here the trade and make some little profit in this week end :) . If any type of confirmation is not occur then don't trade this. :)
Breakout confirmation is clearly seen in 1 hour Time frame. Waiting for the USD Employment news release that is release on the Friday which tend to price to hit TP's as soon as possible.
Now just waiting for the breakout of consolidation zone.
Only Just Wait for Retracing. If It is done then its accurate confirmation that price will move downtrend. If Not then Its clear that price move downtrend without retracing.
As i posted the previous AUD/JPY post in which the head and shoulder pattern formed. It showed that price move in upward direction. This post is also basically an another opportunity to make a little bit profit. If anyone miss the Entry from the previous post entry point. here the price is little bit consolidating and it makes a pattern which gives us a one more...
After Predicting the Maximum Confirmation. The price will move uptrend and will make a double top soon .
Confirmation is done for both side. and No. of confirmation and strong confirmation is mostly similar . Now just for breakout Confirmation. if price broke downwards then it will move down otherwise upwaerd.
Just Wait for the release of news And the price will drop Soon.
Tomorrow News Makes a Big Impact on USD . and according to prediction Price Hit TP as soon as possible.
Waiting for breakout confirmation to sell . And almost 5 Confirmation is done. and the imp thing is that divergence is occur in this pair Now.