There is a potential for creating a reverse head & shoulder pattern in 4h timeframe. if the pattern will complete and the price could break the neckline, there is a potential for increasing up to interval (2.3 : 2.6).
It's also the potential for price reversing from the neckline, in this situation, the price could decrease to 1.48, but I think the first scenario is more probable.
It's also the potential for price reversing from the neckline, in this situation, the price could decrease to 1.48, but I think the first scenario is more probable.