for the upside, break of recent high 1.30476 may lead to an ending diagonal C
for the downside, immediate break of 1.2589 would suggest much larger downtrend potential
Either way, looking for new lows to come
for the downside, immediate break of 1.2589 would suggest much larger downtrend potential
Either way, looking for new lows to come
Comment:
1 hour structure
Comment:
we had a bearish structure and a trend line break, further corrective patterns should lead to more decline
Comment:
expecting diagonal C
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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