Weekly: After 5 candles of indesicion a bearish engulfing candle has painted and closed below the 1.3000 key Level. Expectng another bearish weekly continuation closure in light of BREXIT struggles.
Daily: After impulse leg retrace a DOUBLE TOP formed in confluence with the trend. awaiting break of the neckline to go short. Breakout of this retracement range would take us to 1.2000 levels.
H4: Very bearish price action, looking for profit taking to retrace price back to 38.2 which also lines up with neckline of the D1 double top. Again, wait for retest to go short.
Daily: After impulse leg retrace a DOUBLE TOP formed in confluence with the trend. awaiting break of the neckline to go short. Breakout of this retracement range would take us to 1.2000 levels.
H4: Very bearish price action, looking for profit taking to retrace price back to 38.2 which also lines up with neckline of the D1 double top. Again, wait for retest to go short.