Price action at a key level on the monthly. On the top of the 1 hour BB and has formed a double top. If price breaks up trend line, price will be on a downwards trend to finish the final leg of the M formation.
Last leg of M formation on the daily (USD pairs selling longterm). Approx 350 pips tp1 around 9-11th Feb and will continue to tp2 around 550 approx early March. Trend looking to go down to complete M formation.
Long term buy on the daily- Aiming to TP1 @ Feb 11th (180 pips)
Last leg of M formation on Monthly - 500 pips approx march 3rd
Market is a long term sell - last leg of an 'M' formation on the monthly - looking to hold 22 days for 2 sets (48 days total around 650 pips) TP 1 - 14th feb and TP 2 March highlighed in pick arrows and horizontal line.