Weekly timeframe
- Fib completion (-27)
- Bearish indicational candle (not the strongest but advantage for the bears)
- Selling region
- First bulls can be found around the 149.400 region (anticipating on relief)
Daily timeframe
- Reversal indication (double top)
- Head and shoulders + natural W (pattern within pattern/focus on the reversal)
- Solid bearish push
4H timeframe
- Clear bearish impulse followed by bullish corrective price action
- Shift in momentum
- Break of the ascending trendline
- Descending trendline holding the price down
- Fib completion (-27)
- Bearish indicational candle (not the strongest but advantage for the bears)
- Selling region
- First bulls can be found around the 149.400 region (anticipating on relief)
Daily timeframe
- Reversal indication (double top)
- Head and shoulders + natural W (pattern within pattern/focus on the reversal)
- Solid bearish push
4H timeframe
- Clear bearish impulse followed by bullish corrective price action
- Shift in momentum
- Break of the ascending trendline
- Descending trendline holding the price down
Note
No trade due to NFP
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.
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.