Head and shoulders about to form on the 4h chart.
If and when the break out happens, there is a possible 1.1 reward to risk move based on fib retracement levels
Expect a continued pullback down to the support level for a buying opportunity.
Stop loss below the round number and the take profit just below the zone of resistance at 1.0000.
Great risk to reward setup!
Strong trendline long term. Stepping up according to the norm fib retracement level.
Triangle ready for breakup up
Expect one pull back before break due to some selling from the SPP. Then breakup, with a retracement at previous supply/demand levels. Then strong move upwards to complete the retracement at over 40c
All my opinion, please do your own research
