Coz 1.1464 is the previous high
and price goes up and come all the way back.
Eur has retested this level.
So Eur has back to the original Range
and did not make a higher high.
this tells me eur is going down again
This is also an explanation that why the LIBRA PATTERN
Weechat ID: 32114564
Anyway, I just shorted at trendline break and re-test, to get more confirmation and a higher probability trade you could trade a breakout such as this:
>> Sell below a possible correction forming below the broken trendline and/or below the last low...
I'm not talking about the overall trend in H4 or D1 but the inner zig-zags.. sorry if it was a dump question.