Price entered in my PRZ and formed a wedge pattern that has already break to the downside.
I'm waiting for the retest of the .618 level, there's people that is looking to take profits from the bull Gartley formation at that price so it seems to me a good place to enter short and have a nice RvR to potentially retest the 1.1200 area.
Got two plus in the setup, RSI divergence and also, 0.618 confluence with 1.27 ext zone.
Not going to place any order until we clear those heavy news tomorrow, so we'll see.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
I'm waiting for the retest of the .618 level, there's people that is looking to take profits from the bull Gartley formation at that price so it seems to me a good place to enter short and have a nice RvR to potentially retest the 1.1200 area.
Got two plus in the setup, RSI divergence and also, 0.618 confluence with 1.27 ext zone.
Not going to place any order until we clear those heavy news tomorrow, so we'll see.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
