4H had recent break of structure making higher high. 1H and 4H bollinger band squeeze. 4H has possible trend continuation pattern (Flag). Daily has possible inverse head & shoulder. Which means possible sell continuation to 1.37500-1.38000. If price continues down to level looking for reversal patterns and engulfing candles on smaller time frames to get entry on low of shoulder.
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Broke out of band and trendline. Currently retesting. Expecting continuation to 1.37510 (right shoulder).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.