Description
⋅ Daily chart:
- Trendy bearish kangaroo tail formed.
- Price traded lower than the low of the bearish kangaroo tail.
H4 chart:
- broke out of a rising Chanel.
-retested the channel as resistance and formed another bearish kangaroo tail, which price then traded below.
OVERALL:
- This pair looks to the continuing its downward trend as it has completed many bearish breakouts before.