Long in to weekend.
Price pattern adjustment and returning to a neutral level before weekend. Medium-term view is that we create the right shoulder of inverse H&S over next couple trading days on hourly and rise up to ~1.14 then back down once ECB and FED make their motives known at the end of the month.
Note
Monthly view is that we trade sideways for next few trading days before an appreciable move up to ~1.14-1.145 then back down (way down) once (more) dovish ECB starts talking at months end.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.