I have 2 possible price levels to short this market from, this pair has broken through the weekly uptrend and is making way to retest, the current h4 medium term resistance downtrend may suffice for scalps but not for swing as price may still make way with the bulls towards the white weekly trendline before is descends for a swing once again in the weeks if not months to come.
The best setup is to wait for the weekly retest, but a scalp still presents now on h4, if and only if it closes with a bearish engulfing close , then theres a clear take for a minimum of 50pips+ scalp.
The best setup is to wait for the weekly retest, but a scalp still presents now on h4, if and only if it closes with a bearish engulfing close , then theres a clear take for a minimum of 50pips+ scalp.