Price came to a halt at the 61.8 fib of the CD leg. A bullish cypher may potentially form on the 4HR in the recent consolidation and would present a good opportunity to go long as the market establishes a higher low. Be aware the overall trend won't become bullish if price doesn't break the X point of the daily cypher completed two weeks ago. The alternative...
THE PAIR SEEMS TO HAVE FOUND SUPPORT. TRIPLE BOTTOM ON .50 FIB. GOOD OPPORTUNITY TO JUMP IN ON THE UPTREND.
DAILY BEARISH CYPHER IN CONFLUENCE WITH CHANNEL PRESENTS A GOOD OPPORTUNITY TO JUMP IN ON THE DOWNTREND SOON. WAIT FOR PRICE TO CONFIRM REVERSAL ON H1 AND H4.