Third tap of our 4H trend line
Major resistance area on the daily
Double top also in line with previous day being a bearish candlestick
Pair due to pull back to major trend line
Clear example of selling at the highest point
Weekly Timeframe showing signs of market slowing down.
Currently at strong daily resistance in line with selling at the top of the channel
4H rejection showing signs the market is ready to pull bag
1st target is around 1.6200 where SL will be moved to breakeven
Expecting 1.6100 to be hit