markfx26

markfx26

Waiting on the side line for breakout to upside or downside of symmetrical triangle if breakout to downside price will make its way to .7350ish if the upside it will go to .775ish.

markfx26

So right now price could look like it could form a inverse head and shoulder if price breaks neckline then price will retrace to 78.60% then make its way to about the 1.25ish area, but if price continues to drop then price will drop to around the 1.9500ish area.

markfx26

Price is retesting TL resistance next resistance zone is 1.49ish so I expect price to go there.

markfx26

Price has broken support at 1.2314ish area next support zone is 1.21500 so thats where my target is for as you can see.

markfx26

Price is at broken resistance which should turn support and return to previous resistance.