market is downtrend in long -term , by the close of last week candle, it shows us a continuous power to go down. Target is newt support level in weekly chart
last month was a nice bearish bar. the downward movent begins.
when market downs to strong support level, downward movement becomes weak step by step when we look at H4. Today, market has rejected on H4, it makes new structure.
this pair is in long-term uptrend. wait for retest end and find long entry
Market now tends to break sideway zone in H4. This pair can go long in next time
this pair is moving in nice uptrend now,
we can wait for downward structure and then go short
look at the structure of market in H4, it shows us the downward movement. Looking for sell signal for this pair
Look at 12 Mth and 6Mth chart , we can see the market broke double bottom at strong level at 1.2600 zone. And now, market comes again to test this zone, by a long tail pin bar last month, it gives us early signal for the beginning of upward wave and it may reach to 1.600 zone
Monthly chart, market turned last month. Yesterday was a bearish candle with long up tail. It gives an opportunity to go short
when the market goes up to 0.790, strong resistance on monthly chart . It turned down by rejected candle last month. Last week was long up tail bearish candle. Yesterday was big bearish candle broke 0.7770 level on daily chart. It gives an opportunity to go short.
When price up to strong level on monthly chart 90.00. Market rejected last month by a long tail candle at resistance. Yesterday was a big bearish candle, it broke upward trendline. it gives an opportunity to go short.