Price is trading in a channel on the daily timeframe on the 4 hr we had a H and s pattern with bearish continuation waiting for a higher low to form and stay within bearish 4hr trendline for entry where sl will be just above previous resistance and tp will be where i have marked up, alot of economic news coming out on friday which i beleive will help price do 1 of 2 things.
1.) break through the channel
or
2.) cause price to push up and bounce from daily support
But as stated all this news is being released on friday so theres no reason for market not to continue its current trend untill then
1.) break through the channel
or
2.) cause price to push up and bounce from daily support
But as stated all this news is being released on friday so theres no reason for market not to continue its current trend untill then