The sellers seem to be taking control by forming a lower high on H4. This is evident from the three bearish candles on the D1 time frame.
The formation of the bearish engulfing candle on H4 is a clear confirmation of a sell signal. We target the daily support on 1.076.
Use proper risk management.
The formation of the bearish engulfing candle on H4 is a clear confirmation of a sell signal. We target the daily support on 1.076.
Use proper risk management.