Price is currently creating Lower Lows and Higher lows and has broken out of a trend line on the 1 Hour Time frame. Looking on the daily chart my Bias was already Short on this pair due to it approaching a strong level of resistance. After confirmation of downtrend I will look to Short this pair after i breaks the level I have highlighted and retests.
Good luck!
P.S This is a Speculative Setup, not investment advice.
-Always wait for confirmation !
Good luck!
P.S This is a Speculative Setup, not investment advice.
-Always wait for confirmation !