1H timeframe trendline breakout. I don’t believe this to be a false breakout, buyers came in strong. Targets are previous touch points of trendline.
A clear 3 point downtrend line I’d expect buyers to come in at the break of. The 2 previous supply levels (horizontal green lines) look very strong I wouldn’t be surprised to see rejection at these levels. A strong break of 166 I would turn bullish. Overall market looks to consolidate between 162 and 168 for awhile
Bullish bottom Double top Boxed candle is supply level Buy when price is above boxed candle Trail lows for SL We may see a big move back towards weekly double top
After the 1700 pip explosion from 151 to 168 this is our pullback. We have a very clear trend line I’d expect a lot of buyers to come in at the break of.
Price has been in an uptrend all year and is currently in a bull flag pattern. A break of this flag looks to send it to a strong monthly resistance where a reversal may follow.