Its by far obvious that we are on consecutive ranges.
Check it by yourself timeframe by timeframe...
We are still in bearish mode but very close in order to
challenge the downside move.
On H1 we get the picture of ranges..You can count 3.
Right? White lines - Green lines and Gray area....
I suppose the move could be explosive in case of breaking..
But it could continue..We shall see...
Now, checking 15m we could have an idea
on how the price action can play..
Filter ur trades in lower timeframes in order
to get best entries..
Hourly close above 1.30 will be critical....!!!!