As price is rejecting perfectly off this Swing High on the daily time frame between the price levels of 1.187700 and the Higher High of the swing high of 1.19200
Inverse head and shoulders formation, currently trading above neckline. Next target is 1.84100.
Hourly fib -27.00% meets with the longer 4h fib's 78. 6%. Targets are 1.8600
Waiting for entry on H4 divergence which is playing out now. This could be a nice swing trade ;) t.me/maxpipsnet
Higher timer frames from weekly to 4HR confirm strong bullish momentum. Strong bullish breakout from order blocks confirming momentum to the upside. High probability of this move completing as annotated. Swing move so be prepared to hold.
En consolidación en canal con tendencia alcista Coincidencia en los niveles -27.2% y -61.8% para tocar el nivel superior del canal MACD en nivel positivo con tendencia alcista
Lets wait and price will tell us when to jump Still bottom break are on point (even better situation for us) Watch the full market overview on my youtube channel www.youtube.com