On the D1 the currency pair forms a triangle. The triangle is a formation of 6 points, and the entrance to the figure we have at point 7, break of the triangle.
Alternative Scenarios:
In the break of the blue horizontal line a double bottom will form.
W is the formation of the wedge formation that is not confirmed, we do not have a breakthrough test and repulsion from the trend line on a weekly schedule.
Alternative Scenarios:
In the break of the blue horizontal line a double bottom will form.
W is the formation of the wedge formation that is not confirmed, we do not have a breakthrough test and repulsion from the trend line on a weekly schedule.