Confluences
- False breakout at 1.78 followed by a continuation of bearish market structure
- Head and shoulders pattern at the top as the trend reversed
- Market is forming bearish impulses followed by bullish corrections so we know sellers are dominating
- Strong weekly and daily bearish engulfing candle breaking through 1.75 psychological level
- False breakout at 1.78 followed by a continuation of bearish market structure
- Head and shoulders pattern at the top as the trend reversed
- Market is forming bearish impulses followed by bullish corrections so we know sellers are dominating
- Strong weekly and daily bearish engulfing candle breaking through 1.75 psychological level