Based on the time of this published idea, sellers were in control. Price was in a descending channel, breaking structure to the downside, and retesting it as resistance - Rejecting off the resistance level of structure and 50EMA. Providing multiple confluences.
DISCLAIMER: My analysis is for me to track my own growth, process, and journey as a Fx Trader. I am not sharing to have anyone take this trade - as you should be marking up your charts and trusting your own analysis. Please note, that this is solely for educational purposes. If you agree with my analysis - PLEASE LIKE/COMMENT your input!
DISCLAIMER: My analysis is for me to track my own growth, process, and journey as a Fx Trader. I am not sharing to have anyone take this trade - as you should be marking up your charts and trusting your own analysis. Please note, that this is solely for educational purposes. If you agree with my analysis - PLEASE LIKE/COMMENT your input!