Weekly TF:
Bearish Pinbar rejecting at the strong weekly resistance at 1.4666
Daily TF:
The bearish move underway. Broke out of the trendline.
4Hr TF:
With the bear move down, I am anticipating a 61.8% pullback up to the red line, which is a previous S/R level, aligned with a retouch of the trendline previously broken.
Entry on the 4hr:
Entry at the 61.8% pullback
Stop above the previous high.
Target at 1.10971, may hold onto it if the momentum is good enough.
Daily TF:
4Hr TF:
Entry on the 4hr:
Entry at the 61.8% pullback
Stop above the previous high.
Target at 1.10971, may hold onto it if the momentum is good enough.