WEEKLY CHART:
Clear downtrend with the top blue trendline
Currently struggling to close above the weekly 38.2% fib level (see last week wicked to a pip)
DAILY CHART:
Clear Head and Shoulders forming within the currently ascending structure as price moves to retest the top of that weekly falling channel- right shoulder should line up at daily resistance.
4hr CHART:
Price bouncing between the 38.2% Daily and Weekly fib levels, and struggling to break that strong 4hr 200EMA and 800EMA connection.
Buys:
4hr candle body close above 137.000
Sells:
4hr candle body close below 135.400
Clear downtrend with the top blue trendline
Currently struggling to close above the weekly 38.2% fib level (see last week wicked to a pip)
DAILY CHART:
Clear Head and Shoulders forming within the currently ascending structure as price moves to retest the top of that weekly falling channel- right shoulder should line up at daily resistance.
4hr CHART:
Price bouncing between the 38.2% Daily and Weekly fib levels, and struggling to break that strong 4hr 200EMA and 800EMA connection.
Buys:
4hr candle body close above 137.000
Sells:
4hr candle body close below 135.400
