The major trend is down, the intermediate and, the minor trend is down, Continuation candlestick pattern Head and Shoulders with the neck at 0.7100 - Same level with the strong support zone of a weekly channel. The volume confirming price action.
Waiting for support breakout confirmation. Next Support level at 0.6850
Waiting for support breakout confirmation. Next Support level at 0.6850
Trade active:
A Doji Bar Pattern appeared on fib retracement 61.8 of the right shoulder. Sell at 4h chart with Stop loss to 0.7180. First target the neck line support at 0.7080