I see:
- 76.444 horizontal line acting as a daily resistance of the range (support at 75.129)
- Indecision candlesticks on the daily with a pinbar as last candlestick
- 5th touch of that resistance, price being rejected on H4.
- Bearish divergence of RSI 14 on the H4, H3, H2, H1
These confluences give me a bearish bias on the pair.
Safe Trading !
- 76.444 horizontal line acting as a daily resistance of the range (support at 75.129)
- Indecision candlesticks on the daily with a pinbar as last candlestick
- 5th touch of that resistance, price being rejected on H4.
- Bearish divergence of RSI 14 on the H4, H3, H2, H1
These confluences give me a bearish bias on the pair.
Safe Trading !
Trade geschlossen: Stop wurde erreicht:
Got out of this trade but i still think that the pair is bearish if 76.444 holds prices