CURRENTLY RETESTING BROKEN STRUCTURE AND PULLING BACK DOWN AND MAKING A HIGHER LOW
close to Touching a major resistance level will be on the look out for a 15 min reversal entry
Pair is consolidating and testing support and resistance on 1 hour chart looking for one more drop down in the down trend area of confluence
simple downtrend and retest
priced has reached point of resistance and is trending pretty clean waiting on price action for entry to short on pullback
good area of confluence for short down trend
pair has been trending pretty clean to the downside for some time now ! a higher low and a crossover the 50 EMA could potentially put us in a buyers market?
SIMPLE IDEA WILL BE ON THE LOOKOUT FOR SOME CLEAR SIGNS OF REJECTION FOR A PUSH TO THE DOWNSIDE
Maybe another further push of consolidation , simple trade good risk/reward
good risk to reward just waiting on a reversal from 15 min time frame a lower high would be great ! Let me know your thoughts ?
