Price is falling due to USD strength, plus breakout & retest of broken daily uptrend line. Now we see price making lower lows & lower highs. Watching for this 4 hour candlestick close if we can get a pin bar to 1.17500 area, I will look to take this pair short. We are on our way back down! : )
Trade with care
Trade with care
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DAILY View: * Moving averages are started to slope downwards as well. Some extra conformation!
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Potential H&S Pattern setup for next week