[Alert]Bears in control! - Full analysis
August 17 daily candle perfectly rejected the long-term trendline
We have August 17 closing @ 104.437
Closing below August 14 high 103.458
Closing below August 16 high 103.525
These additional confluences generate a strong bearish bias.
With first target of liquidity.
- August 17 low of 103.061
Second target.
-August 16 low of 102.944
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Additional note.
If the weekly candle close below PV-week high @102.91
we should expect a further retracement to 102.77 around fvg daily area.
註釋
correlation$$$$ - weak
sell USD-XXX
buy XXX-USD
註釋
![BEARS IN CONTROL [UPDATE#2]](https://s3.tradingview.com/g/GZbBnKUd_mid.png)
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