BEARISH VIEW! -WEEKLY MA DOWN -DAILEY MA STILL BEARISH ALSO -436 MA DOWN -A,B, POSSIBLY C SHOWN HERE AT FIB 0.618 RETRACEMENT -REJECTED FROM THIS ARE SIGN OFSHORT -CONSTANTLY BOUNCING OF THE TWO TRENDLINES HERE. -STILL IN A BEARISH TREND -KNOCKED ITS HEAD ON WEEKLY RESISTANCE 1.5260
BULLISH VIEW! -BREAK OF THE COUNTER TRENDLINE AND CLOSE ON DAILEY COULD BE A BULLISH SIGNAL. -4H TO THE UPSIDE -BREAK OF DAILEY RES FURTHER BULLISH CONFLUENCE. -BREAK PAST THE 1.5380 MARK IS A CLEAR BULLISH SIGNAL
Comments
jackmyattFX
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Looking bearish at the moment if this trendline holds as historically its strong then we could be entering for a short!