Price has made a whick touchdown on a key support level. We can possibly see a good long move shortly.
Could take days, could take weeks, could take months.
a possibility to see price create a reversed H&S on the WEEKLY chart.
It is looking like time for price to pull back, possibly to a daily key level. i am looking to trade this pair LONG, but theres potential for a short in the meantime.
looks like price will move up after seeing substantial rejection on monthly chart
WEEKLY candlestick is showing rejection, I can see price dipping down then up up up.
H4 is still bullish, but approaching resistance level. watching daily and H4 to see where they close. I am expecting daily to break out of bearish variations, so in the meantime my bias is LONG, if H4 becomes bearish we could see price drop further.
after touching a historic low i am seeing enough rejection to predict price will move upwards in the weeks ahead.
this idea shows price rising to close monthly candle somewhere around the monthly support level.