PLEASE READ W1 CHART BELOW TOO.
PRICE HAS CLOSED BELOW KEY LEVEL AND REJECTED FROM IT W1.
FACING A PATTERN NOW.
D1 HAS CLOSED WITH NUMEROUS SHADOWS CUTTING THE SUPPORT WITHOUT SUCCESSFULLY CLOSING UNDERNEATH IT.
LOOKING FOR BREAKOUT DOWNSIDE BUT BREAKOUT COULD HAPPEN EITHER WAY.
IF BREAKOUT DOWNSIDE, TRADE AT RETEST OF THE LINE.
BREAKOUT UPSIDE REQUIRES MORE CONFIRMATION AS IT WOULD BE COUNTER TREND AND RISKIER.
THOUGHT THIS CHART WAS INTERESTING AS WE ARE NEARING BREAKOUT/INTENSE CONSOLIDATION.
And key level of 1.85 was breached and retested successfully.
Moment it close below 1.85, previous swing high i would say its trend changing. IMO.
Overall if we talking about M1 and stuff we are still bullish, so bullish.