34 views
Daily TF has shown LH and LL. Yesterday, not only did we have a very strong bearish engulfing , we also had a double top to confirm this, with a break of the trend line . There is a strong 2h bearish wick off of the 50 Fib and a possible H&S pattern currently being formed. If bears take over, I believe it will drop down to 0.70000 and beyond.
Hoddgittoo
Failed to see weekly H&S pattern a d didnt see VERY STRONG weekly support.
Reply
Hoddgittoo
MA's were crossed to the upside and there was no sign if bearish rally on higher TF. Be more patient.
Reply
