We have a symmetrical triangle here. This one will be tricky but my expectations are bearish in mid-term. I believe we will see another touch to the trendline at 1.116 but a Lower High at 1.1580 before that won't surprise me.
Entry after 4h candle close confirmation.
Targets are given at the chart.
Entry after 4h candle close confirmation.
Targets are given at the chart.
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lol that surprisingly that went as I expected. missed the 1.1580 target but 1.1570 is close enough for me. Actually, if you click to play button 2times you can see that there is another HS pattern forming and possibly it is going down to 1.116 downside target. I'm gonna take this trade guys we are literally at the best play to enter short atm.