Weekly: On a clear downtrend making LH's and LL also below the 200ema.
Strong Sell on Forex Screener.
Possible Double Bottom on the Weekly.
Daily: Price is making LH's tapped into Daily Supply and is heading back to previous demand. If price falls through the weekly previous support would be a target.
4H: Price has made a series of LH's with a large bullish impulsive candle which has now been closed which was also the 50% fib level.
Keeping with the trend of Bearish, price may return to the 4H supply the fall back, or, drop past the 4H BoS, re-test then continue down further.
Strong Sell on Forex Screener.
Possible Double Bottom on the Weekly.
Daily: Price is making LH's tapped into Daily Supply and is heading back to previous demand. If price falls through the weekly previous support would be a target.
4H: Price has made a series of LH's with a large bullish impulsive candle which has now been closed which was also the 50% fib level.
Keeping with the trend of Bearish, price may return to the 4H supply the fall back, or, drop past the 4H BoS, re-test then continue down further.