Upon the break of the bullish Trend-line will be adding more shorts to this position. 1st target is the next major H4 support @1.15400.
Upon break of 1.15400 we should see price descend further to the next key level (yellow)
Upon break of 1.15400 we should see price descend further to the next key level (yellow)
Comment:
bearish hammer just finished panting on Daily chart, this should be interesting. We could see a spike to the 1.18500 midmonth key level before we make our decsent so stops are placd accordingly.