Daily: Possible SHS Pattern. Waiting on lower TF confirmation to see if right shoulder is formed.... 4HR: Shows rejection of support level - roughly 100 pips movement
ANALYSIS ON DAILY, 4HR, 1HR For intraday trading follow these steps On daily TF look and what do you see Price is respecting a zone A upward trend has formed and thus forms a chart pattern this pattern is called a ascending wedge (amongst many others) The wedge was broken and retested forming a double bottom which indicates price will move back up On...