With the market moving downwards creating a shelf of support turning into resistance we have a second test with a bearish cypher completion point sat just a touch higher at 1.5083.
A good reason to enter into a short position expecting a trend continuation move potentially looking for extended targets at the 1.272 fib ext if the market will push lower.
A good reason to enter into a short position expecting a trend continuation move potentially looking for extended targets at the 1.272 fib ext if the market will push lower.