1.EXTREMELY STRONG TREND LINE TOUCH AND BOUNCE OFF SO TREND LINE ACTING AS RES
2. PRICE HAS FOUND CONGESTION ZONE
3. SPINNING TOP FOLLOWED BY BEARISH ENGULFING
4.HUGE SPIKES AND WICKS
5. NO HIGHER HIGH MADE SO READY FOR REVERSAL OR A PULLBACK
6. YESTERDAY DAILY CANDLE CLOSED AS A DOJI
AND TODAYS IS FORMING A BEARISH ENGULFING
So all these signs are bearish and i entered at 1.50405 and currently 55 pips in profit :)
2. PRICE HAS FOUND CONGESTION ZONE
3. SPINNING TOP FOLLOWED BY BEARISH ENGULFING
4.HUGE SPIKES AND WICKS
5. NO HIGHER HIGH MADE SO READY FOR REVERSAL OR A PULLBACK
6. YESTERDAY DAILY CANDLE CLOSED AS A DOJI
AND TODAYS IS FORMING A BEARISH ENGULFING
So all these signs are bearish and i entered at 1.50405 and currently 55 pips in profit :)