So on the 4H timeframe we see a possibility of a Head and shoulders which could give us a push down towards the trend line . this will also be the break of a strong support line that i would like to see tested as resistance to enter for a short. This is a potential 200+ pip move.
Comment:
Failed to break first time to area we are now back and about to break
Trade active:
just enter SL ranging from 1.59400-1.59800 depending on risk and account size