1. Price did not break upper trend line resistance.
2. Price found confluence at:
+trend line resistance as 50% retracement
+ trend line + rectangular resistance is being respected.
I recognize a falling wedge pattern on higher TF.
I am aiming for a 93 pip target as this is in my range.
My target is supported by the daily support at (1.16615)
2. Price found confluence at:
+trend line resistance as 50% retracement
+ trend line + rectangular resistance is being respected.
I recognize a falling wedge pattern on higher TF.
I am aiming for a 93 pip target as this is in my range.
My target is supported by the daily support at (1.16615)
