PEdward

PEdward

Price now testing our area of resistance and we have divergence on the 4 hour time frame. Looking for price to drop down to support at the very least, with the potential to complete the head and shoulders pattern bringing down to 1.82000 region. Of course if price rejects our area of support then price will continue pushing back up.

PEdward

Looking to see the market drop after price rejected both our resistance area and trend line. Price could reject our trend line and push up, or break through, retest and drop to support.