Multiple signals that new lows can be made if we clearly break below 0.75 in the coming day(s). Might first see a small consolidation and retest of at about 0.7525.
- Lower high, lower low
- Previous 4H candle clearly broke the
- and stock pointing lower on 4H
- and divergence on 1D
- Lots of big candles
- Kinda H&S?
Of course this doesn't really matter the moment price decides to go higher any way (fundamentals?) and take on 0.76 again.
But we'll be out long before that at 0.7560.
Let's seen this last day and a bit of the week and probably next week.
This is why I waited till I was awake for a possible. I never trade this pair while sleeping cause it's most volatile during my night time.