we are just seeing the completion of a head and shoulders formation notice as price approaches the bottom its forming a correction now this could go 2 ways price should respected the support level and shoot back up into a range bound market or it could break below and start the impulse move because on daily its formed a wedge
Note
caught some pips on the way up
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Disclaimer
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.