Soon Breakout, i think these swing trades are done, and moving onward to the power move
Daily Chart: Mad oversold time to go up
4h chart: Price action is going to break out up or down, I personally am bearish
MY Bias opinion: i think this last leg move looks a bit more like a following leg of last swing
Very good risk reward on this trade you see in front of you, the only problem i have with this trade is a bullish candle is forming on daily, if price action does not blow through this level i'm thinking it will keep going down till 1.86 id say risk less % just because the candle, thats personally what im doing. ...
I Think Price action has followed indecision during last weeks consolidation
This reasons me to believe price action made a final attempt to push before a needed retracement should be present.
83.500 is the level i personally will be watching If the retracement does occur. If price action follows there i think ...