Bearish indications:
Made a new low and currently at the retracement.
Bearish engulfer at the resistance.
Triple top formation in 4 hrs time frame.
Resistance respected.
Ab=CD complete.
Butterfly pattern complete indicates reversal.
Bullish indications:
Fib level 0.5 with Bullish engulfer candle.
Trade plan bias short @ 0.93193
SL:0.93462
TP1:0.92897
TP2:0.92758
Made a new low and currently at the retracement.
Bearish engulfer at the resistance.
Triple top formation in 4 hrs time frame.
Resistance respected.
Ab=CD complete.
Butterfly pattern complete indicates reversal.
Bullish indications:
Fib level 0.5 with Bullish engulfer candle.
Trade plan bias short @ 0.93193
SL:0.93462
TP1:0.92897
TP2:0.92758
Trade closed manually:
Closing the trade as seeing trend change.