Saw the bullish market structure get broken by the 4hr candle close. Looking for a retest before shorts are activated. Follow Theforexchief on instagram and join the telegram channel to get updates as they happen.
This pattern should be considered bullish , but the divergence says its not
It is still developing so lets see how it plays out. It might turn into another pattern but time will tell
Place short orders at 78,6% fib
Take profit: just above 161%
Stop loss: just above the 78,6%
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