FX:EURUSD   Euro / U.S. Dollar
H4 - Price has reached the magnet zone formed by the fibo levels of the cycle and the top of the channel, bearish divergence.

H1 - Price has reached the critical zone.

We may now start looking for evidences of bearish pressure in order to join the bears.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.