We have seen a breakout on our trendline and which is a first signal that the market might be bearish.
In order to strengthen our belief, a breakout on our demand zone at 0.86478 further confirms that the market is bearish.
Also, there is a retest to our bearish order block at 0.87000, confirming the bearishness of the market
And hence Price cloud react bearishly from that level and falling towards our 1st support level.
In order to strengthen our belief, a breakout on our demand zone at 0.86478 further confirms that the market is bearish.
Also, there is a retest to our bearish order block at 0.87000, confirming the bearishness of the market
And hence Price cloud react bearishly from that level and falling towards our 1st support level.