Market structure showing downside potential
Price has been more or less consolidating within a triangle break out patter, yesterday we say price break out of the pattern to the upside however today it has dropped back down displaying us a bullish fake out. Higher time frames are suggesting to me more down side potential, with that being said ill be waiting for a good break out of the triangle and a retest...
this pair has been in a downtrend for the majority of this year, what i can see right now is that price is looking to drop even further
Looking at a potential 3rd bounce off the trend line
short Swing trade coming up, heard and shoulders pattern
Price made a new low now pulled back to my kill zone which aligns with fib even
potential inverted head and shoulders forming on the daily