In this chart you can see long term longs and long term shorts which means the chart is moving both bullish and bearish in a successive way. You can see little flag patterns appearing in both the bear and bull 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)
Current point: 1.11623
Starting Point: 1.11729
(Exit & profit target will only be made if points B to C are valid)