Weekly: Bearish structure
Daily: Yesterday's candle did close above previous candle which technically has created a higher high. However price is reaching an important AOI around 1.11950
4h: Price has recently created a higher candle closure but same thing as daily timeframe. Also, price is retesting previously broken dynamic trendline
I will be waiting for confirmation on lower tf 30 min and 1 hr close to consider entering shorts.
Daily: Yesterday's candle did close above previous candle which technically has created a higher high. However price is reaching an important AOI around 1.11950
4h: Price has recently created a higher candle closure but same thing as daily timeframe. Also, price is retesting previously broken dynamic trendline
I will be waiting for confirmation on lower tf 30 min and 1 hr close to consider entering shorts.
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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.