A valid peneration below the daily trendline could signals that the beginning of downward trend. Let see how market plays it out....
Below is the H4 chart as of 5 pm Malaysia
Impact of U.S Interest Rate Hike
9 years ago
testing the daily trendline
The beast has broken the H4 trendline significantly and now testing the the daily trendline. Price might rebounce slightly from the trendline, however, the overall sentiment looks bearish.
A valid peneration below the daily trendline could signals that the beginning of downward trend. Let see how market plays it out.... Below is the H4 chart as of 5 pm Malaysia
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