Market forming a triangle consolidation after a strong down trend on weekly chart. Expecting the next few weeks to hit major resistance trendline
at 1.85000 near fib level 0.886 for the third time and fall to major support trendline at 1.60000 near fib level 0.382
Using Elliott Impulse and Motive waves I was able to discern that we might find support at 1.73800 on the neckline of the forming head and shoulders, where a bullish gartley will follow for long towards 2.05799
