Hi guys, just sharing my idea and seeking for advice too. As i see it ( you might not see it as i do ) we should expect some retracement of the major up trend that this pair is having. To justify that we have price going below 200ema, break of previous structure, and a possible head and shoulders
pattern, our target could be 0.5 retracement, and zone of support and resistance
, If price goes below this zone, we might test major trend line
This is how i see this pair, every constructive opinion will be welcome.
As i am not an expert there is a big chance i am wrong.
Thank you for reading.
Break below ema
and structure on 4h