In the daily timeframe we have a downtrend.In the 4H it's at the point 61.80 of fibo,in the 1H we have a Head and shoulder formation in process.Risk/reward 1:4.
P.s
In the 4H timeframe we have a Inverse Head and Shoulder formation that can go in the other side of the trade.
P.s
In the 4H timeframe we have a Inverse Head and Shoulder formation that can go in the other side of the trade.