Possible short idea retesting the dotted ascending trendline and fibonacci zone. The price tested 1.633 and then formed a double top. it is also important the blue daily resistance at 1.317
After retesting the previous support zone, the price Is continuing the downtrend. But, to go short, I am still waiting the closing of this 4 hour candle below both the 50 EMA and the trendiline.
After breaking the resistance of the B point, price could go up to the D point reaching the 1.382-1.618 Fibonacci target and following the linear regression.
GOOD CHANCE TO GO SHORT UP TO D POINT
WAITING FOR THE PRICE TO REACH THE C POINT AND AFTER GO SHORT . GOOD OPPORTUNITY
Let's look if the price will reach the C point and after go long.