Daily: Yesterday's candlestick closed as an indecision (doji) with a massive rejection wick to the downside. 4h: Market structure shift from bearish to bullish (LL, LH to High and now HL forming) and formed a classic head and shoulder trend reversal pattern. 1h: Market structure & direction clearer
Technical Keys: Arrow Line: solid: most probable move dashed: possible move
Targets: TP1: 0.64986 TP2: 0.65280
Horizontal lines - midpoint/decision point (supply/demand) These are plotted based on a price midpoint: top wick meets previous bottom wick/bottom wick meets previous top wick = supply meets demand, demand meets supply.
Always remember to use proper risk management.
Trade closed: target reached
1h target reached. Trade closed successfully in profit.
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