After price made a false breakout, now we can see price may be coming up to make a triple top, where ill be watching for a rejection candlestick to enter short or a clean breakout & retest of the ascending trendline for entry.. Patience is key
prevailing trend has been exhausted and expecting to continue further as there is no visible strong bearish momentum formed so far, if the price broke above 0.7892 support firmly, a long call would prevail up to 0.8082 level with a RR of 1:16 and 103 pips straightly . be alert on the 0.7892 level
Head on shoulders pattern. Price is showing some pressure to its supply zone showing signs of bearish movement. A retest to the supply zone is potential for entry or wait for a break & retest of prices initial ascending trendline..