This 4 hours chart could suggest that 50 MA would soon come into play and the Mcginley indicator could offer Resistance and 20 MA TURNING down could suggest upward spike limited
Note
1 hour chart 100 MA 1.1480 AND 1 HOUR CHART 4 HRS MA 1.360, THESE two could fire up the charts for nowNote
Have a Short now with stoploss at 1.1430 , good luckNote
Trade objective completed, booked profits for now , closed shorts here, and would go for cautious ShortsDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.