Hello Traders,
This market has been forming a series of lower lows and lower highs.
We have broken these highs to form an area of consolidation.
We have a potential Bat pattern completing at 106.39.
In this area we have some support and Fibonacci confluence. This is where i expect price to react.
Target 1: 106.71
Target 2: 106.92
Feel free to comment, like,...
If price can reach 0.7411 we have a potential Bat Pattern.
This completes within an area of support that has turned into resistance.
Target 1: 0.7392
Target 2: 0.7379
RSI indicates hidden divergence. We want OB conditions
