in my opinion the price can go up to right shoulder pattern level, which is also the Fibo 618, and then will face to a strong resistance and after that have to fall down.
AMATEUR :
it's an Uptrend Channel
Fibo 50 Resistance happened before
Bollingar band Resistance in H1 showed itself
price approached to Supp-Resis Zones
AMATEUR :
I saw 2 tested resistance levels and an support level,
also, there is Ranging zone -yellow zone, which could be a flag,
in bottom of yellow zone we had a breakout, but price faced and rejected by resistance level and came back to the zone,
now, a breakout in top of yellow zone can be seen in H1, which is end of flag,
if i am wrong, please correct me.
AMATEUR :
i saw a double top in the chart,
controlling the daily chart , we see it is a down trend, and both tops are facing resistance of this zone,
on the other hand, if it is a double top , the chart must continue as a downtrend, we see a pullback to Fibo 50, which is a resistance level for Double Top ,
in H1 chart, trend has changed its direction by a bearish...
AMATEUR : found a channel on D chart, Supp-Resis Zones shaped a triangle which went down to bottom of channel and meanwhile it can be a Head & Shoulder on H4.
