BAT pattern has been completed. Price is at the support level. I expect the price to go up to 177000.
Price approaching the support level. I expect the price to go up to 1.77000 to form the left shoulder of the H and S.
Looking for the price to break the neckline and retest. This looks like a clear H and S pattern.
The price broke our support and tested it. Also the left shoulder and head was formed and we looking for the price to go down all the way to 1.96000 before it can go up and form our right shoulder.
Bears will be in control. I expect the price to go down all the way to 111.500
The market is ranging. Bulls are in control.
