Trend Analysis
Daily down trend still in tact, wait for pull back to previous structure (yellow box) and look to short to 1.123 area. If price reaches this area look for counter trend bounce.
Bat pattern on 4hr could prove as a good entry reason along with additional confirmation according to your plan. Now if price ignores buy zone and reaches higher, potential inverse head and shoulders completion/reversal and could look for long at break of neckline.
Bat pattern on 4hr could prove as a good entry reason along with additional confirmation according to your plan. Now if price ignores buy zone and reaches higher, potential inverse head and shoulders completion/reversal and could look for long at break of neckline.
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