H4 - Strong bearish momentum
Uptrend line breakout
Lower lows
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
H1 - Lower lows.
No opposite signs.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds my short term view remains bearish here.
The price responded perfectly to the signal sent by the MCS in H4.
After this excess of strength, the price pushed down until it reached MML H4, giving us the opportunity now to place a Stop Profit below the entry point.
Let's set the new Stop Profit at 96.72
Once we reach 38.2% of the last bullish vector we can lower the Stop Profit on the MML to 96.05,...
