The price is about to get to the strong previous major resistance zone.
If the price reacts downward after the touch to this level and gets its direction as the descending, we can expect price to hit Fair Value gap zone at most.
The reaction of the price will let us know the next move after the FVG zone tested.
All in all, my expectation from this pair is short, if the resistance zone is tested and pull back successfully.
@totzreyes85, in the market of impulsive movement of price, we can identify FVG in which at least three consecutive candle is the same. I took the middle candle and in between the lowest low of the third candle and highest high of the first candle. why did you ask?🤗
TheFxAce
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You make a strong case for the likelihood of a market downturn.