Confluences:
-As we see this pair is in a down trend.
-it created a rising wedge which is a continuation pattern to the downside and has broken out.
-it also broke out and retested our trend line.
-the H4 chart is trading below the 40 Moving average.
-Head & shoulders pattern forming, waiting for price to break the neckline.
-As we see this pair is in a down trend.
-it created a rising wedge which is a continuation pattern to the downside and has broken out.
-it also broke out and retested our trend line.
-the H4 chart is trading below the 40 Moving average.
-Head & shoulders pattern forming, waiting for price to break the neckline.
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