Price has formed double tops at 1.2260-1.2270 and brgin to fall but we wait for breaking the minor upward line to confirm the sell entry.
Confluences:
1-Primary trend is bearish bias at Daily chart.
2-Price is moving below EMA 200 in Daily and 4H chart.
3-Liquidity area.
Confluences:
1-Primary trend is bearish bias at Daily chart.
2-Price is moving below EMA 200 in Daily and 4H chart.
3-Liquidity area.
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Now we are waiting for clsing the current 4H candle to confirm whrther the price will continue its bullish corrective wave or will pullback to resume its bearish journey.
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