So this week, price for me is in a corrective parallel channel.
Im forecasting for price to either push up to break swing high or to retest back down to swing low levels and look for a possible reversal to push upwards.
Im still leaning with the HTF bias to go long.
The picture above is a forecast on the Sydney/Tokyo session at 20:00 GMT .
We can see a HTF daily Descending channel with a HTF double bottom as well as a larger inverse h & s pattern
Latest price action formed multiple impulse and correction within the parallel structure.
IF u guys have any questions on how I base my trading let me know in the comment section luv to work with y'all
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Atm im forecasting two possibilities the first is to push upwards from 0.63143 level with a reversal impulse or to push past down that level and to the bottom of the structure and form a reversal at 0.61925
Also because of news price was volatile this week, hopefully next week is cleaner or cleaer