Technical analysis – time frame H4
The price is forming formation “triangle”
Technical indicators : The price stopped at FiBo 50 % of the last short movement ,as well as diagonal support (
current resistance ).
The price is below 50 SMA and 100 SMA
Entry : 1.42
Alternative scenario : If the price breaks out diagonal support the market will enter in choppy
Jr.Trader: V. Mitov