D1 - The price which is moving higher has reached a key resistance zone formed by the 100% fibonacci expansion level of the first wave at 0.89197 and 0.89 psychological level, bearish divergence.
H4 - Bearish divergence.
H1 - Bearish divergence followed by a bearish trend pattern in the form of three lower highs, lower lows.
Expecting further continuation lower after pullbacks.
H4 - Bearish divergence.
H1 - Bearish divergence followed by a bearish trend pattern in the form of three lower highs, lower lows.
Expecting further continuation lower after pullbacks.
Kommentera:
The price action followed my analysis and delivered a nice move to the downside.