Price started the descend earlier than expected. Now it is respecting the 0.786 zone on the 1hr chart it looks like it's heading upwards to finish forming the right shoulder. I expect it to keep rising to respect the trend line or the 4hr 0.618.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
