M1 : What else ? Doji pattern in progress with extremely long shadows !
W1 : Currently below the weekly pivot level of 0.4108
D1 : Ongoing downtrend price action
H4 : Facing clouds resistance area and currently below TS
and MBB
H1 : Triangle pattern, trigger level activated target 0.2900
currently below the clouds
M30 : In an ongoing downtrend channel, below the middle of this
channel !
M15 : Former support trend line (in green) broken, below the clouds
M5 : Below the clouds
CONCLUSION:
THE TREND REMAINS ORIENTED TO THE SOUTH AND ONLY A CLEAR BREAKOUT
OF THE 0.3800 AREA WOULD FORCE TO A VIEW REASSESSMENT OF MY EXPECTED
BEARISH SCENARIO CALLING FOR LOWER LEVELS !
W1 : Currently below the weekly pivot level of 0.4108
D1 : Ongoing downtrend price action
H4 : Facing clouds resistance area and currently below TS
and MBB
H1 : Triangle pattern, trigger level activated target 0.2900
currently below the clouds
M30 : In an ongoing downtrend channel, below the middle of this
channel !
M15 : Former support trend line (in green) broken, below the clouds
M5 : Below the clouds
CONCLUSION:
THE TREND REMAINS ORIENTED TO THE SOUTH AND ONLY A CLEAR BREAKOUT
OF THE 0.3800 AREA WOULD FORCE TO A VIEW REASSESSMENT OF MY EXPECTED
BEARISH SCENARIO CALLING FOR LOWER LEVELS !
