Keep an eye on price action as it has approached an area of strong confluence for a short opportunity. Price has rejected the descending daily Tl, which has held price in a downtrend for months now. This is also at a breakout and retest of the ascending phase line as well as a previous supply/demand zone. Watch H4 price action to paint a reversal pattern to provide a short opportunity with big downside target of 1.575, almost 700 pips.
