EURUSD - Looking for Re-entry on Pullbacks

12 ส.ค. 2018Pullback/Retest then continuation of downtrend

Reasons for Pullback
- Bull RSI Divergence can be see on the 1H and lower
- RSI has hit 30 on 1D - Oversold

Reasons for Continuation:
- Breakout from pennant
- Target for pennant has not been reached, more to go
- Major Resistance as been broken

Reason for 0.236 Fib
- Strong bearish wave, don't expect a deep retracement