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keep it simple
this pair could be setting up for another move up to have the AB=CD wave.
look for break out of flag in lower time frames to go long
clearly 1.66 is the resistance zone here...this could roll over all the way to 1.62 if it holds.
From one head shoulder to another. Shorting here
After the inverse Head shoulder, we are here on support, look for long entry to target
hi. kindly read my simple entry analysis and target on chart
As an ABCD structure unfolds, we go long
the sell setup was validated. now we are in this price consolidation triangle which is a continuation pattern watch for impulse at break low
the continuation pattern.
the breakdown open and close below of a 4h candle was okay, sales coming in, we expect a light pullback/retest to go short.
upon closure of order gap,look for shorts with target at previous monthly highs
what i see
potential inverse Head Shoulder here. considering to long this at break above neckline
im mconsidering to go short with the break of the lower TL and or possible retest for th 160 psychological area. if you look at the daily chart,im still anticipating the possible bullish cyphey which should complete at the same target.
after the undisputable breakout we need to see this soar towards our target