Price has jumped a significant amount but stopped to test resistance, so far it seems that
price is respecting resistance zone.
If price pullsback into the trendline and breaksthru the 1.09150, then i expect the price to
drop to form a wolfe wave.
A potential inverted head and shoulders is also forming if the price goes further down to
complete the right shoulder.
price is respecting resistance zone.
If price pullsback into the trendline and breaksthru the 1.09150, then i expect the price to
drop to form a wolfe wave.
A potential inverted head and shoulders is also forming if the price goes further down to
complete the right shoulder.