Just scanned the market today and found this cypher pattern, as indicated the D point would be around 0.68865. This is also backed up with a support or demand area as highlighted in blue colour. Wait for confirmation typically a no lower low, and in this case might be ranging for a while then spike up first.
I have also drawn the potential K chart path and if scenario A happens you may take the long. If scenario B happened don't take this trade as the support is shown to be weak.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.