TWO DIFFERENT SCENARIOS APPLIES HERE.
ITS UP TO YOU WHICH WAY YOU WANT TO GO.
FOR ME i AM GONNA WAIT AND SEE WHICH CONFIRMS FIRST
THEN THAT'S WHAT I WILL DO.
SCENARIO 1:
"M" PATTERN FORMING
CONFORMATION WILL BE PASSING B MARK
IF SO SELL ORDER IS VALID DUE TO ALL MAS ARE BEARISH
SCENARIO 2:
MAJOR PIN PAR RIGHT ON DAILY SUPPORT
THIS SUPPORT LINE HAS BEEN REJECTED MULTIPLY TIMES BEFORE
PRICE REVERSING @ OR AROUND 1.4300 +/-
RETRACING TO 0.386, 0.50 OT 0.681 ZONE
THEN TAKING DIVE ALL THE WAY DOWN TO 1.40
GOOD LUCK
ITS UP TO YOU WHICH WAY YOU WANT TO GO.
FOR ME i AM GONNA WAIT AND SEE WHICH CONFIRMS FIRST
THEN THAT'S WHAT I WILL DO.
SCENARIO 1:
"M" PATTERN FORMING
CONFORMATION WILL BE PASSING B MARK
IF SO SELL ORDER IS VALID DUE TO ALL MAS ARE BEARISH
SCENARIO 2:
MAJOR PIN PAR RIGHT ON DAILY SUPPORT
THIS SUPPORT LINE HAS BEEN REJECTED MULTIPLY TIMES BEFORE
PRICE REVERSING @ OR AROUND 1.4300 +/-
RETRACING TO 0.386, 0.50 OT 0.681 ZONE
THEN TAKING DIVE ALL THE WAY DOWN TO 1.40
GOOD LUCK