started from december 20th the price broke the lower high,and started forming higher low and lower lows that indicates the bears are in control(based on 4HR Timeframe).
Currently the price is also below 50ema and 200ema that act as dynamic support.
At Around 1.56000 there is multiple Wick rejections it seems as the strong flipzone RESISTANCE.
If to go short levels to watch has TP are TP1 1.55000,TP2 1.54500 and TP3 1.54000
Dont forget to put stop loss for your positions,
Please follow your strategy,This isjust my idea,and I will be glad to see your Ideas in this post.
please don not forget the like button and share with your friend,thanks and trade safe.
Currently the price is also below 50ema and 200ema that act as dynamic support.
At Around 1.56000 there is multiple Wick rejections it seems as the strong flipzone RESISTANCE.
If to go short levels to watch has TP are TP1 1.55000,TP2 1.54500 and TP3 1.54000
Dont forget to put stop loss for your positions,
Please follow your strategy,This isjust my idea,and I will be glad to see your Ideas in this post.
please don not forget the like button and share with your friend,thanks and trade safe.