Price is on consolidation more bullish signals than bearish
Daily timeframe price going in a down trend 4H timeframe price formed a divergence which was a very good signal of a reversal or pullback price went high till the strong resistance 4H and 1H timeframe price formed a divergence in strong resistance area Price may go down before a reversal or continue the down trend you may move the SL a little bit higher
we can see a successful divergence, the price did a higher high forming a Quasimodo pattern usually when a Quasimodo pattern is formed in a Down trend or an Uptrend the price do a pullback or reversal if the price goes down to where the arrow, price will have potential to go up
Daily time frame its down trend 4H time frame a Quasimodo pattern has been established with success 1H time frame price may go to next supply and decline or continue to lowest supply to continue the down trend P.S. Please follow the arrows and also SL under SnD zone
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Buy if price drop back to demand TP : red lines SP under the LL
Sell if the price hit 0.72 SL : 0.72296 TP : 0.72059 0.72052 0.72037 0.72015 0.71995
If the price goes back to 0.72215 sell and make a stop loss at 0.72281 Take profit at the following levels : 0.72140 0.72133 0.72127 0.72097 0.72083
chart showing signat to go up for take 1% profit xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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chart showing a strong bearish signal Buyers are pushing up after the sellers were exhausted