SHORT INITIAL BREAKOUT
weekly char: is showing huge decelration on a good resistance zone.. 2 weeks of rejection with a tweezers top.
daily chart: i can see a good head and shoulder forming that rejected 0.96629 almost 3 times with a rather strong support zone. but the resistance is there showing a reversal at least towards the first target 0.94354 which coincides with the 50ema.
4hChart: the daily head and shoulder is very well present here
1Hchart: i would wait for a proper rejection after the usmarket open hours. when a proper rejection of the 50 ema is there. i would Short the market towards daily 50EMA 0.94354
daily chart: i can see a good head and shoulder forming that rejected 0.96629 almost 3 times with a rather strong support zone. but the resistance is there showing a reversal at least towards the first target 0.94354 which coincides with the 50ema.
4hChart: the daily head and shoulder is very well present here
1Hchart: i would wait for a proper rejection after the usmarket open hours. when a proper rejection of the 50 ema is there. i would Short the market towards daily 50EMA 0.94354
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