On the lower time frames, we can see that price broke out of a trendline, indicating a move lower is imminent. However, it looks like it stalled at a support level. The 20EMA is holding prices down and is creating a squeeze here, so I'm going to look to go short either at another touch of the 20EMA, or at a break and retest of the .7938 level and targetting .77
Kommentera:
price moving down impulsively..
Kommentera:
Target reached
