Looks as though it is setting up a daily Bearish Crab. To which if it's going to play out, it has a few more days to continue long. Unless it decides to let the daily M play out and continue its drop from here. Use lower time frames for best entry.
Sitting right under the 38.2 on a daily/weekly Fibonacci. Could drop to the 50, it's a huge zone but look for a possible reversal pattern for long entry between current market price and 1.78833. Not to mention, it would be nice to see something like this...
Created a new 4hr supply & demand zone this week (outlined in red). You could even place it in a big 4hr consolidation zone. Possible break and retest to the top of supply & demand zone it's sitting under.
Looking for a short position. A break below/close below of the trend line followed by a retest. Even a break of the consolidation with a retest will be satisfactory. May even do more sideways movement inside the consolidation zone.
Has a doji right under the daily trend line, in which I'm looking for a short position. If it decides to break to daily trend line, I would wait for a retest of the marked 1hr consolidation before taking a long position.
Currently at the top of a 4hr channel inside a supply & demand zone. Looks like it may reject the zone in which case I am looking for a short entry. If it decides to break the top of the channel I would wait for a retest for a long entry.