i have spotted a Cypher Pattern and a complete Wave Count and Correction and they all signify a SELL,Price reached a new record high last week and we see it struggling to break that level again this week so a Pull Back is reasonable at this point
Possible retest since Price Broke my Resistance Level On The Daily & Four Hour Timeframe so i see two Take Profit Levels Each TP is Represented by the Trendlines i drew on the chart,the First Trendline is TP1 and if Price pushes further we are going for Trendline number two which is our TP2 Risk Responsibly
The price might want to touch the 1.26484 Price Range Level Then Reverse Back To Re-test or Create a new Lower High Based on the Daily Chart
Then we just wait for the Bears to get back in actions be on the look out for a False Breakout,Stop Hunt and Continuation Pattern if you spot a continuation then go with the Market
