After a nice white candle, we can see how the price action shapes a long legged , after that it shapes a reversal (not so nice).
Furthermore, these two reversal signals shape a .
Thus, we have different reversal signals that can give us short opportunities, so we could take advantage from that by selling US Dollar .
Using Fibo we could put our TP at 23,6% of the previous swing and a SL above 111.36, for instance at dashed line.
If the price continues its ascent, we can buy when price pierces the resistance line with TP at 123,6% Fibo or near next resistance line at 114,431 price level, whit a SL at 111,442 (the nearby resistance line at current price).
I will happy to see comments and suggestions to improve my analisys.
Waiting for bearish signals, maybe on H4 or H1.