Monthly
• Moving Averages crossed to the upside
• Price action has on prior months made a bullish structure
• Price currently found resistance on the monthly level of 1.35585
• Price subsequently made a double top with the second top lower than the first before dropping
Weekly
• Moving averages crossed to the upside but however pointing downwards
• Price action currently reacting to the trend line for the third time
• Price has been making a steep decline in price and currently broke below weekly level of 1.32353
• Price action has went below all moving averages
Daily
• Moving averages about to cross to the downside
• Bearish counter trend line drawn
• Prior to drop price made a third T.L touch on the bearish counter trend line
• Price action currently reacting to the bullish trend line and has left a bullish pin bar with a touch
4 Hour
• Moving averages about to cross to the downside
• P.A has failed to close below bullish trend line besides having attempted
• P.A has been making a lower lows and lower highs and I expect current structure to break the bullish trend line and for price to drop after
• Await bullish trend line break and retest for confirmation of a sell