Rick_69ro

Rick_69ro

Double retest of short term declining line + RSI divergence

Rick_69ro

On 4H chart there is an RSI divergence shaping but it is too early to enter long, there is no higher low yet. Maybe until FOMC minutes the uptrend will cristalize.

Rick_69ro

The right shoulder is forming down to the neckline at 129.100 and then it can go lower to 128.500

Rick_69ro Updated 

Bottom H&S pattern on 4H chart. Still the right shoulder needs to take shape up to the neckline. To be watched.

Rick_69ro Updated 

It's on 1h chart so it is not very reliable but it deserves to be watched due to RSI divergence.

Rick_69ro Updated 

On 4h chart the neckline of the HS goes back to a previous support too. Long position should be taken after breakout of neckline or retest of it.