Bearish Indications
- Strong Resistance at 1.0860
- 50% Fib. Retracement at 1.0860
- Trendline Resistance at 1.0840
- Time previous pullback took to end completes at
1.0860
- Non-Regular Divergence on RSI
Bullish Indications
- Higher Highs and Higher Lows
- Bullish engulfer
- Retest of Support at 1.0730
Bias: SHORT
PLAN
Waiting for price to reach Resistance at 1.0860
and trigger 50% Fib. Retracement with Bearish candlestick pattern.
- Strong Resistance at 1.0860
- 50% Fib. Retracement at 1.0860
- Trendline Resistance at 1.0840
- Time previous pullback took to end completes at
1.0860
- Non-Regular Divergence on RSI
Bullish Indications
- Higher Highs and Higher Lows
- Bullish engulfer
- Retest of Support at 1.0730
Bias: SHORT
PLAN
Waiting for price to reach Resistance at 1.0860
and trigger 50% Fib. Retracement with Bearish candlestick pattern.