Pattern Trading - pattern confirmed on the 4hr timeframe (yellow circles)
4hr 50ema broken to downside
Lower low and lower highs now made.
Looking for a pullback in to the TL and a retest of the broken TL.
Price might keep dropping from here so the fib levels could move and I will adjust accordingly.
TP1 would be 1.23
TP2 would be a lot lower if price keeps making lower highs on this timeframe.