It happens that previous analysis was defied and market broke out the resistance line. it already made a retest yesterday on the 4hr time frame already and it retraced to the 50% fibo level. look for a good buy entry ( you can set a buy order at 0.62623). Apply good management & take profits at points indicated.
As we can see, price broke out of the ranging channel, let's see if it makes a retest at that level which will play out to become resistance turned support, then we enter the trade with appropriate candlestick confirmation. keep it simple.
This is pure price action trading keeping it simple! S&R zones + S&D zones. Look for a sell entry on smaller time frame, although its a late entry but its still a big move down for about 7 days or so. share your thoughts in comment section