We are seeing a bullish structure in 4hr time frame but overall in a bigger time frame its a correction to the major key level. currently we are seeing a head and shoulder pattern that indicate a down side move about to take place. short target ideally will be the 3rd touch on the ascending trend line. wait until price break out the CTL with a retest to confirm the neckline before placing short trade.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!
LamchiuFX
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
LamchiuFX