4Hr candle closed below all other candles price then retested that level price may continue down just thoughts
If this is a true break and retest we will see a rise. As of now I'm looking to buy around the retest if we get bullish signals such as bottom wicks I will enter a Long
Looks like price is breaking and retesting a trend line. In a bearish trend. For that I am looking to short
If price creates a more bearish pattern then I shall enter a short around the trend line Price could possibly breakout and retest the trend line and in that scenario I will long the euro
Down. Trendline down. If the 1530 zone doesn't break it'll go down from there. We'll definitely need a bearish candle before entry
I see after the Head and Shoulders movement there's exhaustion, I expect a rise in GBP against the US dollar before continuing its drop . 1.23500 and 1.23800 are potential points of reversal. Candles are under ema's I use to help me determine the trend Overall I am bearish , but currently I see a reversal in play.