Sive Morten
Special Consultant to the FPA
- Messages
- 18,655
Morning guys (sorry for light delay),
In fact you probably see everything by yourself - EUR perfectly completes our setup, reaching daily resistance area. This area is very good for considering short entry - K-resistance, overbought, previous lows. And now take a look - price is flirting with the MACD, suggesting possible bearish grabber. If we will get it - that would be great:
On 1H chart upside target from our daily reversal bar is completed as well - market hits OP reaching Agreement resistance with 5/8 level. We suggest to wait for the grabber and watch for reaction here, on 1H chart, what reversal patterns will be formed here:
In fact you probably see everything by yourself - EUR perfectly completes our setup, reaching daily resistance area. This area is very good for considering short entry - K-resistance, overbought, previous lows. And now take a look - price is flirting with the MACD, suggesting possible bearish grabber. If we will get it - that would be great:
On 1H chart upside target from our daily reversal bar is completed as well - market hits OP reaching Agreement resistance with 5/8 level. We suggest to wait for the grabber and watch for reaction here, on 1H chart, what reversal patterns will be formed here:
