PA showing structure shift to the downside. Ofcourse the more conservative way to look at it would be to wait for 1.2600 to break, however, it is a matter of choice, mindset and tradingplan of every individual.
Price found 4h level support at 1.2120, then snapped below it to test the lower support. Now, the last two 4h candles have yet again closed below 1.2120 support area, signaling a potential downside move. price can ofcourse spike higher than that, therefore to be cautios and trade safe.
Price found 4h level support at 1.2120, then snapped below it to test the lower support. Now, the last two 4h candles have yet again closed below 1.2120 support area, signaling a potential downside move. price can ofcourse spike higher than that, therefore to be cautios and trade safe.