Price has stalled at the 61.8% fib retracement of the bullish move up.
Technicals
- Horizontal range rotation
- Bullish channel rotation
- Bearish Weekly downtrend
Confluences
- 61.8% retracement
- recent structure
- Daily Demand Zone
- Median trendline support
- 127% extension meets massive Supply level
If we end on a bearish candle we could be in for another move down to previous support around 1.800 and then 1.700
Technicals
- Horizontal range rotation
- Bullish channel rotation
- Bearish Weekly downtrend
Confluences
- 61.8% retracement
- recent structure
- Daily Demand Zone
- Median trendline support
- 127% extension meets massive Supply level
If we end on a bearish candle we could be in for another move down to previous support around 1.800 and then 1.700
交易开始:
Lovely move today out of consolidation pattern (falling wedge).
评论:
Price action DID present itself well before the Draghi speech.
评论:
Target 2 hit