Daily Chart
I'm looking forward for a "Head and Shoulders" pattern to be valid. This might lead for a major reversal and a bearish trend.
H4 Chart
We might see another bullish movement until the price touch 61.8% Fibonacci retracement area, before expecting continuation reversal of bearish trend to c-white. If the price breaking further up, it might be just a "bull-trap" to complete sub wave inside b-white, as long as 100% of Fibo retracement remain intact.
I'm looking forward for a "Head and Shoulders" pattern to be valid. This might lead for a major reversal and a bearish trend.H4 Chart
We might see another bullish movement until the price touch 61.8% Fibonacci retracement area, before expecting continuation reversal of bearish trend to c-white. If the price breaking further up, it might be just a "bull-trap" to complete sub wave inside b-white, as long as 100% of Fibo retracement remain intact.
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