


Potential H&S formation completed on the daily time frame Waiting to retest the AOI @ 1.0800 to go short
Daily time frame broke the descending channel, giving a possibility of bullish trend formation. Awaiting for Retesting the AOI @ 1.9000 Psychological level with a bullish confirmation candlestick/pattern in order to take long, target @1.9500
The trend at 4Hr timeframe is starting to shape as an inverted holder (Inverted cup formation completed). In addition, on the daily time frame, it shows inverted head and shoulder pattern that I described in my previous post. Need to keep an eye on the trend pattern , if it breaks below 2.0700 phycological level, the trend will shift to bearish targeting 2.0500...
At 4Hr timeframe, the trend break the ascending channel and retesting it @0.4900 AOI. There is a possible valid order block @0.4920 area that the trend is heading to it. if the is any reaction with bearish candlestick pattern within the order block, then the trend will continue bearish. First target would be 0.4800. Good Luck!
Bearish Channel on the 4Hr timeframe, retracing to the AOI zone @0.5300, possible of testing the Fair Value Gap (liquidity grab) before it continue to the downtrend. Let's see in the NY session what will happen! Good Luck
Perfectly inverted H&S formation on the daily time frame. It will retest the AOI neckline zone @ 0.8450 phycological level and look for long entry.
Potential Formation for H&S pattern on the Daily time Frame Waiting to break the AOI @ 2.100,to go long
Daily time frame bearish Waiting to break 0.8800 support zone to go short