On the pair, the bullish breakout was followed by a quick reversal to the downside
This looks like a V-TOP formation (reversal pattern)
If confirmed, prices could continue to fall
And by the way retracing their previous lows.
Prices are on a high after breaking through bullish resistance
They appear to be forming a downtrend line
This could be the beginning of a bearish retracement
Especially since they are currently in the rebound zone
On the pair, buyers continue to make resistance
But the market is selling as this bearish oblique seems to indicate
This may be the next bearish bounce zone
In theory, if it works, a new low is possible.
The bullish scenario was the right one
Prices have just broken there prévious high (Bullish continuation pattern)
A bearish retracement currently is underway
In theory, a bullish resumption is to consider
In its current configuration, the pair is in a bullish channel
Prices are in the rebound zone of the channel's lower bound
A bullish rebound is underway.
If it can be maintained, prices could reach their last high.