Bearish
1. Bearish momentum towards the previous low in the hour channel(1hr support level),and potential reversal towards directional bias continuation is expected
2. Overall the structural bias is bullish since January, and peaks and higher lows respected according to the structure.
3. shift and continuation towards the uptrend is anticipated, slight invalidation may be due to the dollar losing strength
4.High probability is still towards the uptrend so trade the main structure, reversal scalping is what must be exercised till market change course
NB apply proper risk management according to your account sizes
2. Overall the structural bias is bullish since January, and peaks and higher lows respected according to the structure.
3. shift and continuation towards the uptrend is anticipated, slight invalidation may be due to the dollar losing strength
4.High probability is still towards the uptrend so trade the main structure, reversal scalping is what must be exercised till market change course
NB apply proper risk management according to your account sizes
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.