Broke the trendline The last Lower High its broken, if we form now a Higher low at fib 61,8% and we see rejection , We go long, to -0,27% FIRST.
In weekly Price its showing bearish momentum IN 4H Price its stuck in a Ranging market for almost 3 weeks. If price can broke the strong support (1,5250) Then structure its confirmed for a downtrend price target (1,48000).
We broke the Last structure of uptrend LL (27 March) We Also we've formed a Head n' Shoulder Now we're still in a downtrend price did a pullback (1,08160) In monthly , weekly , daily , We're in a bearish structure.
we have a Descending channel ,breakout in 1hr timeframe,+ retesting, rejection of 50% fibonacci wait for a confirmation.
Bullish Engufling bar. / confirmaton for long. My Opinion.
waiting for the retest , for the broken resistance for a buy position