on the 4H chart we have broken the neckline on a smaller head and shoulders pattern which here on the daily chart has been completed in the right shoulder on a structure support area. This pattern has not been confirmed yet as the neckline still has a while to go, but the 4H chart does confirm to me we will see some upside so the completion of this larger pattern has a higher probability of completing as well.
I will be monitoring this as it progresses but a move up to the 1.35 price range is what I am hoping to see.
I will be monitoring this as it progresses but a move up to the 1.35 price range is what I am hoping to see.