(H4) - Price forming bearish structure creating lower lows and lower highs, we have approached a level of support around 113.783 which we do need to be mindful of. Previous candle closed as an indecision showing no control from buyers or sellers. Based on this candle we could see the next push phase begin here (we are also sat around 618 fib level). I expect price to create a wick to the upside before reversing. This could look like a break out break back in or a retest of resistance before reversing.
(M15) - Clean trendline formed on this pullback. Ideally I want to see a break of 114.032 to look for a short entry.
(M15) - Clean trendline formed on this pullback. Ideally I want to see a break of 114.032 to look for a short entry.