My forecasting is based upon the next few 4H sessions. If we see lots of indecision in the market around the 1.08 mark then I would be expecting the formation to be completed, looking for a confirmation (short entry).
For the confirmation I will be looking for formations such as the , , breakout and the formation.
Once the is confirmed, I would be looking for price to reach previous lows at the 1.08902 mark.
Do you agree? I'd love to hear your argument.