The market has stayed bearish for a while, and has in the past few days witnessed a good amount of backa nd forth.
PRice has retirned to our refined 1 hour PanzyPips Block (PB) and is begining to go bearish. We will be watching for further confirmation of bearish momentum and that would be the break of structure at 0.64485.
Where that happens, prices are expected to continue bearish up till the 4 hour TimeFrame liquidation target at 0.63568.
On the other hand, if the market moves bullish to liquidate our PB/Zone, will will abandon this bearish perspective and look for a new Bullish perspective in line with market movement.
PRice has retirned to our refined 1 hour PanzyPips Block (PB) and is begining to go bearish. We will be watching for further confirmation of bearish momentum and that would be the break of structure at 0.64485.
Where that happens, prices are expected to continue bearish up till the 4 hour TimeFrame liquidation target at 0.63568.
On the other hand, if the market moves bullish to liquidate our PB/Zone, will will abandon this bearish perspective and look for a new Bullish perspective in line with market movement.