rayfxtrader

rayfxtrader

4hr and the 2hr shows a double top at 1.68500 and bears came in strong in this area, we are also forming lower highs, I am expecting a retest of the resistance level once more before entering a short to 1.6600

rayfxtrader

0.67560 been a level of support and now resistance, on the 4hr TF, we see multiple wicks and candles keep closing below this level! however we have a bullish engulfing and after the drop are we due for a pullback to 0.68600? ill be keeping a close eye on the 4hr candle to close above .0.67560