Trader_366_FX

Trader_366_FX Updated 

Here we see a potential short position as price just broke out of a bearish flag pattern on H4 and retested on H1, as well as broke out of a strong support level looking left. Looking for candlestick confirmation on H1 to take our short position and try to ride the bear run down to zone 1.72390 and 1.72263

Trader_366_FX Updated 

OVERALL TREND: BULLISH ON THE DAILY, AND REVERSING FROM A KEY RESISTANCE LEVEL ON THE WEEKLY. On the 4H TF we see a breakout of a bearish trend channel followed by a ranging new high, a lower low, and approaching key zone 1. Two ways it can go from there, it can break into higher highs, or retest into key zone 2, at which there is a potential to proceed towards...