Here we see price is being rejected at 82.50
1hr:
Bearish butterfly forming with entry converging with the 82.50 resistance on daily. We also have 161.8 of AB converging with 82.50 too. When we checked 4hr time frame, we could see that previous low has been broken, which tells us the bears are about taking charge, and price is retracing for retest of daily resistance. We are hoping to short with CONFIRMATION on this pair. Thanks.
4hr:
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