daily time frame- price broke down the support at 1.30813 then retested it by leaving a hammer as a signal of rejection.
4hour- false breakout if the trend line due to NFP. point of intersection where price was rejected to rally up.
1hour- continuation pattern and a drop base drop
Here we are looking at a down trend,a falling channel showing the down trend and an inverse head and shoulder within the channel signaling trend reversal and the neckline of the h&s is the upper trend line of the channel so if price breaks the upper trend line we will only wait for retest of both neckline and trend line them go long on this one.
price dropped to demand zone that was last touched in JAN,which is also a point of intersection caused by the expanding ascending wedge and the lower trend line of the wedge.
in H1 there is a falling wedge