- The price is currently at a resistance area looking at the higher time frame.
- The price is getting closer to a 4hr trend line
- The price has pushed 3 waves higher but is getting weaker with every push
- If the price would actually go back down, it will create a right shoulder on a head and shoulders pattern
I already entered short at 0.6580
Good luck in trading guys!
For detailed analysis:
www.razoteforex.com/...e-short-nov-20-2015/
- The price is getting closer to a 4hr trend line
- The price has pushed 3 waves higher but is getting weaker with every push
- If the price would actually go back down, it will create a right shoulder on a head and shoulders pattern
I already entered short at 0.6580
Good luck in trading guys!
For detailed analysis:
www.razoteforex.com/...e-short-nov-20-2015/