This pair bounce from the top of a descending channel, making a head and shoulders pattern. right now, we got the neck of the pattern converging with a support zone, a .78 FIB level and a 4H timeframe ascending trend line. to go bear i would like to see a close below mentioned converging zone.
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To see the full analysis, educational content and quality signals service contact us on
Telegram: FedericoGallo - @MrFlawlezz
Instagram: Forex_Society
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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.