Watch for break of 4 hour uptrend line next target at weekly support, price getting squeezed will breakout soon. Could push more to the upside or down lower is what I anticipate but patience & time will tell...
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patience...
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SL adjusted to breakeven just incase
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perfect retracement to 38.2 fib then drop, patience is what the market is all about
Thanks for your analysis ... can you please redraw the position range in order to see the open position price, SL, and TP, the big text boxes kinda blocking them .... thanks again!
Profound_Ambition
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@khalidaldarawy, thanks for the feedback! :) Open position at 87.200 or break & retest of that uptrend line.. SL: 87.860 TP:86.000 Good luck !!
khalidaldarawy
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@eazywayout, thank you so much ... I appreciate your analysis!