im still SHORT from yesterday ))) price can go down due to several factors:
1. tuesday low or high of the week usually forms
2. 7-8 time on the platform usually low or high of the day
3. H4 fib 79% retracement
4. eur usd hit a H4 orderblock at 1.17306
5. sell stops at 1.1678 and 1.1649 to be taken
6. gap to be closed at 1.16335
7. usd x at 79% retracement on H4 timeframe
8. long candle wick on H1 looks like a stop run to take out 1.1718 level
9. on H4 timeframe we are at the top of the channel
of coarse time will tell ))) price can move up to 1.1750 of coarse before a bigger retracement but then i will be forced to close my SHORTS
i believe price will go UP on thursday and friday so in the meantime it should drop imo
1. tuesday low or high of the week usually forms
2. 7-8 time on the platform usually low or high of the day
3. H4 fib 79% retracement
4. eur usd hit a H4 orderblock at 1.17306
5. sell stops at 1.1678 and 1.1649 to be taken
6. gap to be closed at 1.16335
7. usd x at 79% retracement on H4 timeframe
8. long candle wick on H1 looks like a stop run to take out 1.1718 level
9. on H4 timeframe we are at the top of the channel
of coarse time will tell ))) price can move up to 1.1750 of coarse before a bigger retracement but then i will be forced to close my SHORTS
i believe price will go UP on thursday and friday so in the meantime it should drop imo
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