As we can see we might have a running flat or expanding flat pattern on the 1H frame.
The market is on a downtrend, we can wait for a confirmation of the figure, we will wait for a rejection of the canal that we have (Running Flat), if the market breaks that level we can wait for a reversal confirmations on lower time frames (Expanding Flat).
If the market closes the Gap we might look for a bullish trend.
This is not an signal call, it's just the way i see the market, wait for confirmations and let's see how the market will behave next week.
Good Luck.
The market is on a downtrend, we can wait for a confirmation of the figure, we will wait for a rejection of the canal that we have (Running Flat), if the market breaks that level we can wait for a reversal confirmations on lower time frames (Expanding Flat).
If the market closes the Gap we might look for a bullish trend.
This is not an signal call, it's just the way i see the market, wait for confirmations and let's see how the market will behave next week.
Good Luck.