Looking for a confirmation candle at resistance around 0.738. If this happens I feel it will continue to the downside.
It also looks like a bearish ascending triangle is forming on the 4HR.
Second option - If it breaks through the 0.738 R, A long position will be taken.
Thoughts?
It also looks like a bearish ascending triangle is forming on the 4HR.
Second option - If it breaks through the 0.738 R, A long position will be taken.
Thoughts?