has broken the Channel Down to the upside and complete an Inverse Head and Shoulders
pattern on 1D ( RSI
= 53.287, ATR = 0.0159). Technically it should resume the downside as the Triangle (shown in orange) is applying selling pressure on a Lower High. If 0.2170 breaks, them the Triangle is nullified and XLMUSD
will resume the downtrend towards the 0.1930 support. We remain bearish
with TP = 0.1802 and 0.1713 (June 29, 2018 low).