Short positions only now for this pair.
Confluences
Weekly Bearish Pin Bar
H4 50% retracement
H4 Tweezer Tops
H4 MA Cross
H4 Trendline Bounce
H4 Inside Bar Rejection
Uptrend Trendline Break & Retest
Potential Reversal Zone confluences:
- Key Weekly resistance
- AB 127% extension
- XA 78.6% - 88.6% zone
- Double RSI Divergence
- Bullish trendline already broken to the downside
- Price passed 50SMA for the first time in 2 months