daily- price found support on daily support level 141.300
strong bullish momentum approaching daily res. level (143.500)
4H- reversal pattern head & shoulders can be identified
price broke neckline and is currently retesting(142.700)
pin bar is also seen at neckline retest
1H-a channel is seen on this level to correlate with the retesting on H4
price has found support at this level 142.700
ANALYSIS- price has broken neckline and is retested , indicating a bullish reversal, IF this level holds THEN I predict price to continue upward to 143.500-swing trade -146.400
strong bullish momentum approaching daily res. level (143.500)
4H- reversal pattern head & shoulders can be identified
price broke neckline and is currently retesting(142.700)
pin bar is also seen at neckline retest
1H-a channel is seen on this level to correlate with the retesting on H4
price has found support at this level 142.700
ANALYSIS- price has broken neckline and is retested , indicating a bullish reversal, IF this level holds THEN I predict price to continue upward to 143.500-swing trade -146.400