So on the 4H timeframe we see a possibility of a Head and shoulders which could give us a push down towards the trend line . this will also be the break of a strong support line that i would like to see tested as resistance to enter for a short. This is a potential 200+ pip move.
Note
Failed to break first time to area we are now back and about to breakTrade active
just enter SL ranging from 1.59400-1.59800 depending on risk and account size
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.