Hello Traders,
Currently, we are seeing that price has been break the trendlines and looks formed as H&S patterns.
However, to see the continuation of the downtrend appear, we need to wait for the price behavior to respect the recent support which has been a break to become solid minor resistance.
Please wait for further evidence that appears or consider waiting for the candle close at the below ranges highlighted or formed the bearish structure. ( Remember that today is NFP days, please trade safely)
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
Currently, we are seeing that price has been break the trendlines and looks formed as H&S patterns.
However, to see the continuation of the downtrend appear, we need to wait for the price behavior to respect the recent support which has been a break to become solid minor resistance.
Please wait for further evidence that appears or consider waiting for the candle close at the below ranges highlighted or formed the bearish structure. ( Remember that today is NFP days, please trade safely)
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!