1. we are in overall downtrend
2. price is under MA on 1H and 4H
3. possible head and shoulders formation (need to wait for break of neckline)
4. cypher pattern will be filled on 78,6 Fib
2. price is under MA on 1H and 4H
3. possible head and shoulders formation (need to wait for break of neckline)
4. cypher pattern will be filled on 78,6 Fib
Trade closed: stop reached:
resistance 1.31 was broken with strong candle, closing my position for now