OVERALL TREND- A lot of bearish momentum seen on the Weekly, Daily and currently in a slight bearish consolidation on the 4H.
Looking for a rejection off of 0.86000, a short position depending on how price reacts.
Otherwise if price breaks below our 0.85500 and 0.85400 zone, we're looking for a retest and a short position from there.
Would love to know what you think.
Hope this helps.
Looking for a rejection off of 0.86000, a short position depending on how price reacts.
Otherwise if price breaks below our 0.85500 and 0.85400 zone, we're looking for a retest and a short position from there.
Would love to know what you think.
Hope this helps.