Time frame: Н4
Technical Analysis: The price action is clearly move in downtrend channel formed on 27.06.2018. We have successful tested 50% Fibo retracment arround 1.31729 on 4th corrective wave (15.08.2018), after that the price has formed trend continuing "Head and Shoulders"with breached neckline at 1.2985
Indicators: The price is below 50, 100 and 200 МА support bear bias.
Dem(14): in oversold zone which is normal after yesterday selloff; the covergence warns for early "pull back" from current price level
Enter:Sell after retest on neck-line zone around 1.30
SL: 1.3075
Alternative Scenario:If the price moves above MA resistant zone the market will probably enter in "choppie" trade
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