Hi Traders,
Looking at the HTF, price impulsively pushed up from the lower boundary of the descending channel which has currently reached a double top range which price also failed to push higher. On the LTF we can see a bearish H&S pattern along with price moving correctively to retest the top of the structure.
If price impulsively breaks upward I will be waiting for bearish confirmation for a sell opportunity around the 1.04 range.
Trade Safe!
Thank you
Looking at the HTF, price impulsively pushed up from the lower boundary of the descending channel which has currently reached a double top range which price also failed to push higher. On the LTF we can see a bearish H&S pattern along with price moving correctively to retest the top of the structure.
If price impulsively breaks upward I will be waiting for bearish confirmation for a sell opportunity around the 1.04 range.
Trade Safe!
Thank you
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