retracements are still in the mix as choppy price action suggests this.
textbook structure for a reversal.
Longer picture, this pair holds a bearish bias with me, but to be neat, here is short term long for the retrace.
Hoping for a little pullback to left shoulder resistance, if it breaks ctl, we will enter accordingly.
Rejection off major supply zone.
Continuation pattern, ascending channel with slowing momentum, price has rejected from demand zone
Supply zone push, PA on stf suggests downtrend
waiting for break of stf resistance and pullback to get a snipe entry.
currently about to start a pullback, may be preparing for a longer term bearish run
Currently bearish but once it hits demand zone, it is likely price to rise to top of channel again.
On the daily there is strong support, waiting for price action and retests
Missed the intial breakout after the retest of stf. Second chance to go long if price retraces to the ascending trendline
price has reached support, a push up to next resistance will create a h&s pattern for shorts
potential head and shoulders reversal formation. aggressive entry