In H1 chart, it appears "Bump and Run Reversal - BARR" pattern with a 31-degree triangle at the begin and 75-degree triangle at the "bump-up" process, which is approximate for the reversal after that.
Besides, the price is in the strong high top, which also roles as a strong resistance.
Expecting this is a fail auction.
If the price breaks out demand zone 1.698, it continues to the fail auction at the previous time.
ENTRY: SELL NOW 1.7136
SL: 1.71635
TP1: 1.7059
TP2: 1.69873
***If you earn profit from my post, please use 5-10% of it to charity.
Besides, the price is in the strong high top, which also roles as a strong resistance.
Expecting this is a fail auction.
If the price breaks out demand zone 1.698, it continues to the fail auction at the previous time.
ENTRY: SELL NOW 1.7136
SL: 1.71635
TP1: 1.7059
TP2: 1.69873
***If you earn profit from my post, please use 5-10% of it to charity.