Chart: 4 Hour
Market: Bearish
Bearish Indicators:
1. Head & shoulders chart pattern
2. Bearish engulfing candlestick (daily chart)
3. Price below daily / weekly support turned resistance @ 1.90300
NOTE: Price may have already breached the head and shoulders chart pattern, however
a pull back to the neckline is common after a sell off. Pending sell order set for neckline
@ 1.89907.
Agree / Disagree? Comment Below!
Market: Bearish
Bearish Indicators:
1. Head & shoulders chart pattern
2. Bearish engulfing candlestick (daily chart)
3. Price below daily / weekly support turned resistance @ 1.90300
NOTE: Price may have already breached the head and shoulders chart pattern, however
a pull back to the neckline is common after a sell off. Pending sell order set for neckline
@ 1.89907.
Agree / Disagree? Comment Below!