Lots of bearish movement from this pair. We could potentially see a retracement but I'm happy with this analysis
A good few confluences, going to see how price unfollows this week and enter a sell if my sell signal get triggers
To the downside! The overall trend is down so I may close out half the trade at my first TP and see what happens
The daily still shows quite bullish structure along with the 4hr. We saw a double top at 4hr resistance then price pushed down to 4hr support. We are currently in the range of the 4hr S/R after the 1hour bounced off 4hr support with a morning star. I see the recently swing down as a retracement of the overall trend but this will depend around 112.750 since we...
Daily: Downtrend, wick range to be filled? 4HR: Loads of space to the next zone 1HR: Price rejected off 1HR support so we may see a retracement 15MIN: Seeing a double top and down swings OUTLOOK: Price is in an overall bearish momentum, we may see a pullback to the last 4HR resistance zone before a pushdown. Otherwise I'm waiting for a close below nearby...