GJ Analysis
Daily: After pushing higher to around 149.5 region, the pair found strong selling pressure and printed a bearish engulfing candlestick, indicating a potential reversal. At this point of time, more confirmation is needed.
H4: We can see that it has formed the 3 black crow pattern at the top of the range. The pair has slow down near the support 147 region. A clear break of 147 would expose the downside at 146.3 & 145.5. Alternatively, signs of rejections would hints at the formation of correction rally to 148-148.3 region. A rejection at 148 - 148.3 region would form a right shoulder and indicates further downside.
交易進行
Price at potential right shoulder and retest of resistance. TP 147 , 146.25, 145.5
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