Price is currently forming a downtrend There will be a break and re-test setup of the upward trendline There will be a potential third touch of a downward trendline giving us a sell setup There is a pivotal support and resistance zone that might provide resistance for price once price breaks below the level I'm anticipating a bearish reversal candlestick pattern as confirmation of sells upon re-test of the upward trendline, downward trendline and potential resistance( CONFLUENCE)
Risk:25.2 pips Reward:275.7 pips Risk vs Reward:11.32
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