BEARISH bias: - Parallel Ascending Channel Breached few times - Bearish Hammer Formed in last hour - 8-days straight Bulls Run & long upper tails showing exhaustion
BULLISH Bias: - Last Higher Low still intact...
MY BIAS: SELL @ 111.400 (Ideally after close below channel) SL: 111.700 (Just above next FIB resistance level) TP1: 111.150 (@ 0.786 Retracement level from Top) TP2: 110.730 (@ 0.618 Retracement level)