Cup Pattern Formation. A final move forming the handle, pushing to the downside for a short-term Selling opportunity for a Trend reversal to the upside at the 0.382 Fib Level.
Triggering a Long-Term Buying opportunity
- Entry @1.1079,
- Stop-Loss @1.1071
- Take-Profit @1.1139
Giving us a 7:5 risk to reward ratio.
RSI - Price Hovering Just...