Recent price action: Bearish/Neutral
Pattern: N/A
Long-term momentum: Bearish
Short-term momentum: Bearish
Bias: Short
Action: Potentially take a short position if price can retest the 1.18283 level and hold it. Price yet to make a sizeable correction. S/R and 29 EMA could potentially intersect and if a candle can bounce off that zone it would solidify that level of support.
Comments: Trust the process. I closed out a trade right before a 90 pip move.
Pattern: N/A
Long-term momentum: Bearish
Short-term momentum: Bearish
Bias: Short
Action: Potentially take a short position if price can retest the 1.18283 level and hold it. Price yet to make a sizeable correction. S/R and 29 EMA could potentially intersect and if a candle can bounce off that zone it would solidify that level of support.
Comments: Trust the process. I closed out a trade right before a 90 pip move.