At the significant level where it seems to be a strong resistance, price shows the strong rejection with a big rejected bar on W1 indicates that finally the seller would come back and decide to take back what they deserved. The short at around 1.761 would be expected depends on the momentum of the pullback up (if pullback up strong, we would have better Risk:Reward position)
You can also notice the head & shoulder pattern there, do you think it is really H&S pattern or only the uptrend? What are you thinking about this case?
You can also notice the head & shoulder pattern there, do you think it is really H&S pattern or only the uptrend? What are you thinking about this case?
Commentaire:
Cancel this idea because on D1, the price seems to have consolidation pattern.
Things can go good or bad, prediction is just the prediction.