The convergence of two significant trend lines with 90 ema along with the support of a hammer candlestick and a strong volume area suggest a great entry point to go long. Stop below the yellow rectangle (support zone).
After the decreasing double top and below the red rectangle area as resistance, the price is now into a downward channel downward aiming to the double bottom registered in October-November. First target is the yellow rectangle area, stop above 90 ema.
support zone near 1.13 and triple bottom; last price retracement to 61.8% Fibonacci; if price rebounce to complete the head and shoulders pattern, there is a good risk-reward ratio.
MACD and RSI bullish divergence; regression channel bullish breakout; target price at 1.61 Fibonacci extension.
Point C reached new hight but below 78.6% Fibonacci A-B retracement, so the pattern could still going to be completed at the new point D.
daily: price rejected at 78.6% Fibonacci; weekly: bullish harami pattern; monthly: support tested and close above it.
Analysis: Elliot wave completed; 61.8% Fibonacci retracement; closing price at the bottom of ascending trend line. Suggestion: go long at least to point 5.