Weekly:
We closed with a red candle last week and a lower high. This kept in place the bearish trend that we've been on for weeks.
Daily:
Double Top and we're sitting on the neckline of it now. The yellow box (neckline) will be important. Breaking through will give us scalps down to the white box. We should wick fill the left candles.
4H:
Not too much different from daily. It's likely we will get to the yellow box by London. Reactions there will tell us direction. Bias is sells though.
We closed with a red candle last week and a lower high. This kept in place the bearish trend that we've been on for weeks.
Daily:
Double Top and we're sitting on the neckline of it now. The yellow box (neckline) will be important. Breaking through will give us scalps down to the white box. We should wick fill the left candles.
4H:
Not too much different from daily. It's likely we will get to the yellow box by London. Reactions there will tell us direction. Bias is sells though.