Timeframe: 4H
Has broken through a bullish TL on the daily chart, and has broken lows, so there is a bearish bias on this pair. Entry set at a bearish ABC pattern and 50% fib level, with confluence of a BRC. TP set based on daily chart, SL set above a possible zone and above the 78.6% fib level.
Has broken through a bullish TL on the daily chart, and has broken lows, so there is a bearish bias on this pair. Entry set at a bearish ABC pattern and 50% fib level, with confluence of a BRC. TP set based on daily chart, SL set above a possible zone and above the 78.6% fib level.