Although the bearish Bat
pattern on D1 chart is complete, the pair remains a little bit bullish
. On H4 chart, bullish divergence
is present and two possible patterns emerge. Wait for reversal pattern inside PRZ box to consider an entry setup.
I’m more into the bullish shark
pattern. Breaking support at 1.1086, could give an opportunity to go short in lower TF’s
Trade carefully because there is a bearish
divergence on D1 chart, so if the price goes up, don’t expect a big impulse