I would expect reaction at the trendline (bottom channel) move towards 1.60000 .
Expectation is H&S forming then a longer term downward move continue.
So I would wait for price to hit trendline and see how it react.
Expectation is H&S forming then a longer term downward move continue.
So I would wait for price to hit trendline and see how it react.
Note
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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.