In this chart you can see long term longs and long term shorts which means the chart is moving both bullish
in a successive way. You can see little flag patterns appearing in both the bear
market. You can figure that the head and shoulders
pattern has taken into full effect by hitting a sweet spot for buyers. Currently, I have created a potential bearish crab
pattern showing a short down-trend with the help of fib retracements on ALL points. If the trend moves towards from point B to C, the trend would be moving accordingly which will be useful to execute my trade.
Current point: 1.11623
Starting Point: 1.11729
(Exit & profit target will only be made if points B to C are valid)