MY Analysis is of my own opinion and purview
-Price reject 5 times at support (my observations, if more retests SNR (support/resistance) the weaker it will become)
-possible the price attempt to break the support and make further bearish movement.
- market structure also indicates bearish sentiment i.e. lower low formed.
-Risk 1R.
correleations: DXY Bearish. my bias is on bearish for USD/XXX pairs.
-Price reject 5 times at support (my observations, if more retests SNR (support/resistance) the weaker it will become)
-possible the price attempt to break the support and make further bearish movement.
- market structure also indicates bearish sentiment i.e. lower low formed.
-Risk 1R.
correleations: DXY Bearish. my bias is on bearish for USD/XXX pairs.
Everybody has a plan until they get punched in the face
