chart h1 - 6 am Malaysia
An evening star formation has appeared on the daily chart; usually a high reliability indication that the bears are taking over the market.
On the hourly chart, the price has already pierced the lower trendline. However, the price would normally tends to pull back and test the broken trendline.
As long as the trendline holds, there might be a possibility that the price will continue downwards move. Today fibs 138.2% and 161.8% levels are at 128.03 and 126.61 respectively.
UPDATE:
5.00 pm - price is already breaks yesterday low
a bearish flag is in progress on the hourly chart
will the beast drop further? :-?
UK Claimant Count Change result will be out at 5.30pm :-ss
5.45 pm - good UK Claimant Count Change result
decided to close my sell and take a rest first :d
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