Bearish Indications - Strong Resistance at 1.0860 - 50% Fib. Retracement at 1.0860 - Trendline Resistance at 1.0840 - Time previous pullback took to end completes at 1.0860 - Non-Regular Divergence on RSI
Bullish Indications - Higher Highs and Higher Lows - Bullish engulfer - Retest of Support at 1.0730
Bias: SHORT
PLAN
Waiting for price to reach Resistance at 1.0860 and trigger 50% Fib. Retracement with Bearish candlestick pattern.
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.