Time Frame M15 --- Japan Session
No Break-out
Time Frame H4
Day Trader projection price target 1.5736 Wave C .. Forecast next week .
Yesterday a spike wave A have hit all the stop loss, but the prices didn't confirm the break of the resistance 1.5700. Today sign to sell again to complete wave B.
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R3 1.5795
R2 1.5747
R1 1.5665
Daily Pivot -- 1.5617
S1 1.5535
S2 1.5487
S3 1.5405
Yesterday High: 1.5699
Low: 1.5569
Today Open : 1.5582
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--->>Prefer today JAPAN and LONDON Session ---
As every first friday of each month, today is the non farm payrolls day... it is said that it is the best event for forex traders.
Take care at 12:30 GMT, the volatility should be high.
=> FX Trader could take a Short position at 1,5610. We will put the stop loss,The targets are 1,5500.Each trade is dangerous, take care and put your stop loss.
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=>Above 1.5617 -> Open Long at 1.5625 with target 1.5660
If Below 1.5617 -> open short at 1.5610 with target 1.5500.
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Time Frame H4 & Daily Bullish Butterfly Pattern
*** Trader should waiting PRICE BREACH 1.5705 *****
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