The squeezing patern is in place since 23/5 and it has to resolve itself very soon. Even though the green scenario is possible, I'm following a bearish count since 30/5 which is in development and would provide a much better risk to reward ratio.
Although we may see a calm after the storm (until volatility dies down a bit), this strong support level is VERY likely to hold in the short term (strong indicator confluence). Next developments are hard to project but what will determine direction is a higher high or a lower low in the daily timeframe
This one is getting more clear everyday. We're in the midst of a wave 3 that hasn't fully developed yet. Here is shown a possible way it could unravel.
Please do you own research and don't trust some random lines on some guy chart