I recently posted that some potential selling area lied in the region of 18320 to 18500.
Price has since pushed into this region and has shown a potential Head & Shoulders pattern, which would imply that a move lower towards the weekly pivot is likely.
I'm short now on this pair, with stops above the highs and target is the green (weekly) pivot
Price has since pushed into this region and has shown a potential Head & Shoulders pattern, which would imply that a move lower towards the weekly pivot is likely.
I'm short now on this pair, with stops above the highs and target is the green (weekly) pivot