Down Trend has been established with consistent lower lows. Price grabbed liquidity and respected the bearish trend on the higher time frame 8h medium liquidity trend = strong trend. Price action created and already liquidated early sellers enough to have momentum to carry it potentially to 1.8200.
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.