a) WEEKLY
1. Price is creating clear ascending trendline on weekly chart, with point 1 and 2 has been made.
2. Price are coming to the previous resistance.
3. Price are coming to 61.8 fibs level.
b) DAILY
1. Price made falling wedges as a sign of correction before impulsive move.
2. Price is already at the demand zone.
c) H4
1. Point of confluence are clearly seen on h4 chart.
d) Plan
1. Im looking at the price action that ll be form next week, either the price will break correction channel or create new high.
2. Im still waiting for the price to come at the POC leve @ 0.73840
3. If the price break the weekly ascending trendline, I ll switch my bias to short and waiting @ 0.72386 for long, which was the previous psychological level.
1. Price is creating clear ascending trendline on weekly chart, with point 1 and 2 has been made.
2. Price are coming to the previous resistance.
3. Price are coming to 61.8 fibs level.
b) DAILY
1. Price made falling wedges as a sign of correction before impulsive move.
2. Price is already at the demand zone.
c) H4
1. Point of confluence are clearly seen on h4 chart.
d) Plan
1. Im looking at the price action that ll be form next week, either the price will break correction channel or create new high.
2. Im still waiting for the price to come at the POC leve @ 0.73840
3. If the price break the weekly ascending trendline, I ll switch my bias to short and waiting @ 0.72386 for long, which was the previous psychological level.