Price action is in a down trend as we can see on the HTF price is moving within a decending channel. Looking at the LTF we can see a short term sell opportunity as price is potentially completing the right shoulder of a Head & Shoulders pattern which in nature is a bearish indicator.
Look for a short entry around the neck line of 0.885 that fits your trading plan.
Thanks
Trade Safe
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Comment below and share your opinion on this set up.
Look for a short entry around the neck line of 0.885 that fits your trading plan.
Thanks
Trade Safe
**If you felt this was helpful in anyway hit the LIKE button and FOLLOW me for more analysis and educational ideas**
Comment below and share your opinion on this set up.
