H4 - Bearish divergence followed by bearish convergence. So we may now expect a correction to happen and once the correction completes itself, we can start looking for sells.
M15 - Two bearish divergence in a row, two false breaks. If the price breaks and closes below 1.5625, we can look for sells.
Protection – Above last high.
Invalidation – If the price moves higher and breaks above 1.5655, then this setup is invalidated.
M15 - Two bearish divergence in a row, two false breaks. If the price breaks and closes below 1.5625, we can look for sells.
Protection – Above last high.
Invalidation – If the price moves higher and breaks above 1.5655, then this setup is invalidated.