Based on the previous analysis using a higher timeframe, I have analysed that we expect a bearish momentum from this trade.
Based on the 15 min timeframe, the price has retested and rejected the zone, forming an inverted hammer candlestick. I do anticipate that a bearish momentum is been formed.
Entry price at 106.9, SL at 107.2 and Target at 105.5
Based on the 15 min timeframe, the price has retested and rejected the zone, forming an inverted hammer candlestick. I do anticipate that a bearish momentum is been formed.
Entry price at 106.9, SL at 107.2 and Target at 105.5
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