The H1 structure is still downtrend, I expect some consolidation for which I would like to see broken support so that I can start shorting and speculating at the level of -27% fibo. Due to the strong upward movement, I do not dare to speculate at -27%, but I will take it gradually in the swings, because there is a high probability that we will return to this level due to the strong bullish movement, which I expected a few days ago.
We will see how the market will develop next week, I will be out of the market for me due to tomorrow's NFP report. If the broken support is not confirmed after consolidation, I will not enter the trade.
A beautiful bearish variation can be seen on the daily TF, which confirms to us that H1 is a downtrend.
We will see how the market will develop next week, I will be out of the market for me due to tomorrow's NFP report. If the broken support is not confirmed after consolidation, I will not enter the trade.
A beautiful bearish variation can be seen on the daily TF, which confirms to us that H1 is a downtrend.
