On H4 chart, the price is trapped in a range, pressuring top channel resistance, and looks like to decline even more and test support at 1.4100. Bullish anti B-Fly pattern projected (blue). See link below for more info.
On H1 chart, after decline below 1.42, a bearish 5-0 projection is present and bearish divergence too. According to H4 chart, if a reversal bars pattern show up, it could be a good opportunity to enter short and target 1.4125. If that happen,then be alert for a later possible long position.
On H1 chart, after decline below 1.42, a bearish 5-0 projection is present and bearish divergence too. According to H4 chart, if a reversal bars pattern show up, it could be a good opportunity to enter short and target 1.4125. If that happen,then be alert for a later possible long position.
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