Price has been trending down over the past two weeks, higher time frames show price is ranging. Price has recently retraced and formed a . The indicates sellers have taken control of price over the past 12 hours. Price is trading in between the 10 and 20 moving average and has retraced to the 61.8% fibonacci level. Based on these factors I am biased towards a downward move to the next level of support. Entry could be placed half of and target placed at next level of support. Reward is 2:1.
Order cancelled: Order cancelled, price did not reach entry price