Trend: Bearish
Structure: Flag/Support and Resistance
Plan: We expect price to test upper resistance line then move back down towards previous low,
We have Moving Average confirmation on the 4hr Chart and we await MACD confirmation on a lower time frame closer to trend line before entry.
Structure: Flag/Support and Resistance
Plan: We expect price to test upper resistance line then move back down towards previous low,
We have Moving Average confirmation on the 4hr Chart and we await MACD confirmation on a lower time frame closer to trend line before entry.