It's been a while, but we're fully back. Last 2 weeks candles didn't form a new HH. Therefore we have high chances of dropping on GJ. Sell signals have started showing last week after H4 started breaking market structure to the downside. It also broke out of H4 Consolidation. I'll be looking to take sells at the return to M30 OB. Targets indicated on the charts.
Another thing to note, is that we have some weekly equal highs at 157.78 which might be taken out first before further drop.
All the best
Another thing to note, is that we have some weekly equal highs at 157.78 which might be taken out first before further drop.
All the best
Comment:
Beautiful move downwards as predicted