D1 - Price is at the top of the range.
H4 - Classical setup - divergence (red arrows), followed by convergence (blue arrows).
As long as 0.71 is holding, we will be looking for a correction and then can look for sells once we see a breakout out of this corrective pattern.
First target will be the middle of the range around 0.6920
Final target is the bottom of the range around 0.6750
H4 - Classical setup - divergence (red arrows), followed by convergence (blue arrows).
As long as 0.71 is holding, we will be looking for a correction and then can look for sells once we see a breakout out of this corrective pattern.
First target will be the middle of the range around 0.6920
Final target is the bottom of the range around 0.6750