Due to the previous trend analysis, the trend has been on an uptrend with Higher Lows and Higher highs formed.
the market showed signs of reversing when a lower high was formed at price 1.35731, marked by a dotted horizontal line.
Price then moved down and retraced back to the first zone on the chart. In the zone, price broke out the zone on the lower side , then retraced back up.
this signals a short move.
the market showed signs of reversing when a lower high was formed at price 1.35731, marked by a dotted horizontal line.
Price then moved down and retraced back to the first zone on the chart. In the zone, price broke out the zone on the lower side , then retraced back up.
this signals a short move.