Like you see the retracement done before doenst touch the 0.382 level that mean a strong move on downside
There is no doubt that we can have a consolidation level here cause the 1.618 and the 0.618 of last move of may (yellow lines) so i will watch this closely but dont enter any trade on that pair for now
If ti bounce you can founce an entry but in case of more down you will have to support 200 pips down to see some reverse
Trade your plan
Thanks for clicking the like button. In case of another view, questions or comments ? share it with pleasure More ideas following. Click the follow button to keep updated when I publish new ideas or update already published ones. Thanks for your visit !
Update status
There is no doubt that we can have a consolidation level here cause the 1.618 and the 0.618 of last move of may (yellow lines) so i will watch this closely but dont enter any trade on that pair for now
If ti bounce you can founce an entry but in case of more down you will have to support 200 pips down to see some reverse
Trade your plan
Thanks for clicking the like button. In case of another view, questions or comments ? share it with pleasure More ideas following. Click the follow button to keep updated when I publish new ideas or update already published ones. Thanks for your visit !
Update status
