Short Term Trend: Bearish.
Price Action Signals: A bullish Pin Bar Signal formed above the $1764 support level (counter trend). Price moved down strongly from a Bearish Pin Bar signal that formed around the $1850 to $1875 resistance zone around 2 weeks ago.
Potential Trade Ideas: We are considering trading shorts from a Bearish Price Action Signal on the 1 hour, 4 hour or daily chart, whilst price remains under the $1850 to $1875 resistance zone.
Price Action Signals: A bullish Pin Bar Signal formed above the $1764 support level (counter trend). Price moved down strongly from a Bearish Pin Bar signal that formed around the $1850 to $1875 resistance zone around 2 weeks ago.
Potential Trade Ideas: We are considering trading shorts from a Bearish Price Action Signal on the 1 hour, 4 hour or daily chart, whilst price remains under the $1850 to $1875 resistance zone.