Price couldn't get above the inner trend line. Counter trend line just about to be broken.
H4 MA's getting closer. H2 MA's have already crossed.
Lower high formed yesterday (blue rectangles).
60 pips target on the short move with 24 pips stop loss.
If price can't close bellow the counter trendline i think it will try to reach the inner trendline again or even go for a walk to the outer weekly trendline.
H4 MA's getting closer. H2 MA's have already crossed.
Lower high formed yesterday (blue rectangles).
60 pips target on the short move with 24 pips stop loss.
If price can't close bellow the counter trendline i think it will try to reach the inner trendline again or even go for a walk to the outer weekly trendline.