Meanwhile, on H4...
For this whole bearish sequence, I marked the potential reversal threshold with each bull attack... So far bulls could not reach and violate any of the previous threshold levels..
Now I am riding the current rally. Let's see if momentum will be strong enough to achieve a candle close above 1.0898 area..
If no, we go back to retest 1.0820 levels.. (scenario 1)
If yes, we should continue higher to clash with my blue wma line around 1.0960 area.. (scenario 2)
For this whole bearish sequence, I marked the potential reversal threshold with each bull attack... So far bulls could not reach and violate any of the previous threshold levels..
Now I am riding the current rally. Let's see if momentum will be strong enough to achieve a candle close above 1.0898 area..
If no, we go back to retest 1.0820 levels.. (scenario 1)
If yes, we should continue higher to clash with my blue wma line around 1.0960 area.. (scenario 2)
Be a seer, not a looker!
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