I see a breakout from ascending wedge. I see a retest of the breakout forming a Head and Shoulders pattern in the One Hour. The blue arrows are representing selling pressure. The green circle indicates a break of structure to the downside. Bearish.
Fibonacci levels are being hit in the breakout area (Supply)
For these reasons I am looking for price to retest the second breakout the green circle and show a bearish signal.
Then I will enter short position.
Trade fechado manualmente
This was a funny one. Totally off but still entered a short at my 1.00164 Resistance.
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