Is it a good idea to look for a nice rebound?
The RSI is oversold, but no buying signal yet!
the BBs are extremly stressed ot, we are out of them!
A longscalp at the niveau ~ 1.59-1.598 could be interesting with this indicator-constellation. With a SL near below 1.59 and a tp ~ 1,62 (min correction fibo) u have a good c r r .
All in all, the chart is really weak. It is hard to believe, but the max tp of the big H&S is not reached yet. The technical TP would be 1,533!
Let`s see!
Best regards
Mary
The RSI is oversold, but no buying signal yet!
the BBs are extremly stressed ot, we are out of them!
A longscalp at the niveau ~ 1.59-1.598 could be interesting with this indicator-constellation. With a SL near below 1.59 and a tp ~ 1,62 (min correction fibo) u have a good c r r .
All in all, the chart is really weak. It is hard to believe, but the max tp of the big H&S is not reached yet. The technical TP would be 1,533!
Let`s see!
Best regards
Mary
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