As mtako said if we get a daily close below 1.08
Until then 1.084-5 zone must hold to stay bullish below this level bears start strengthening .
Until then 1.084-5 zone must hold to stay bullish below this level bears start strengthening .
2
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Disliked{quote} Still looking to the "right"of the chart for my trading plan. Looking to confirm the 15m H&S in the longer term order flow tomorrow. The Red dashed line is where it will get tricky- whether the bulls will come in hard for a confirmation of the BO. {image}Ignored
DislikedI expect this down to end around 1.0825 and then resumption of the move to 1.1Ignored
Disliked{quote} Still looking to the "right"of the chart for my trading plan. Looking to confirm the 15m H&S in the longer term order flow tomorrow. The Red dashed line is where it will get tricky- whether the bulls will come in hard for a confirmation of the BO. {image}Ignored
DislikedBased on H1, I am marking ~1.0852 area as nearest resistance... Bears need to keep up the momentum... Let's see...Ignored
Disliked{quote} If bears can protect bulls at 1.0850 to 1.0855, we may see 1.0810 to 1.0820 very soon. Otherwise, we may go to 1.0875 once again.Ignored