Depend on a few conditions :
- the close of the next H4 candlestick below strong resistance
- a break of structure below the previous Higher lows to signal a possible change in trend
- retest of a mid-range support and a higher timeframe trendline
- along some sort of bearish confirmation on the smaller timeframes
- and for added confirmation a cross of the moving averages.
... we could see a shift in momentum of this pair towards a downside momentum. View this video for projected take profit and stop loss areas. Massive insight inside.
- the close of the next H4 candlestick below strong resistance
- a break of structure below the previous Higher lows to signal a possible change in trend
- retest of a mid-range support and a higher timeframe trendline
- along some sort of bearish confirmation on the smaller timeframes
- and for added confirmation a cross of the moving averages.
... we could see a shift in momentum of this pair towards a downside momentum. View this video for projected take profit and stop loss areas. Massive insight inside.