A potential head and shoulders has formed, I think consildation just above the blue demand could lead to a break downwards which would complete the bullish gartley pattern that has formed.
A bounce back off the Supply (recent dashed blue demand) could lead to 1.618 retracement as shown, which is also the previous support level that was tested last friday.
Also having looked at the 1D and 4H charts I'd say this is probably due to test the 132 level.
A bounce back off the Supply (recent dashed blue demand) could lead to 1.618 retracement as shown, which is also the previous support level that was tested last friday.
Also having looked at the 1D and 4H charts I'd say this is probably due to test the 132 level.