Approaching the end of the month of April which was a bullish month as expected based on seasonality data. now shorting for take profits and bearish month of May also based on seasonality patterns. for the technical part my entry was at the weekly M3 , possible third touch of a descending trend line on the daily and a possible break of the up trend ( new bearish...
As you can see, 4h bullish trend - waiting to break the 30min conter-trend , entries at Weekly M2 and/or Weekly Pivot Point
Numerous confluences in the short bias but always be reactive not predictive. I will monitor how the price will approach these levels and looking for rejections Your comments are welcome.
Intraday - waiting for a pullback at the Median pivot-s1 and a continuation to the median s1-s2 ( will be watching price action there )
Possible shift in direction - half risk seller for tomorrow and next week if price is bellow 1.12200 and full risk if price is bellow 1.11650 Target is 1.10200 Let me know if you have suggestions - please
Break of the correctif pattern - as you can see trade is based of pivots point
Clear drop in the price and te break of the trendline - the price if below VWAP and we got volume on the short side