looks like we failed to make a new high and we are heading to the 1st 4hr support. if we break past the 4 hr support we will be heading down for a break of structure, which will possibly create a new down trend in the higher time frame
I just want to show you guys the power of news usdchf has no room to go Lower especially after making it's newest low in the higher time frames recently. we broke past the recent 1 hour resistance and we were heading towards the 2 second resistance in the 1hr. All it took was for Fed Chair Powell to speak and we had one candle stick take out the Trend. lost the...
the way I trade is mainly bos and retest I'm not too big on rejection but it looks like we broke structure to the down side retest to respect the trend and we are going down for a sell also if you look in the 1 day time frame EURAUD failed to make a new high. I'm seeing a reversal to the down side.
