- Price reacted to the resistance area between 114.00 - 114.50,
where it formed a head & shoulders pattern.
- It stayed within a range between 113.00 and 114.50.
- Recently, price broke below 113.00. It is currently retesting the area.
- Also, in 4h chart, it is showing a nice pullback to the EMA.
- Sell the continuation.
- After reaching the 6.66 area, price reversed.
- Price broke below the 6.64 handle, S/R area.
- Currently retesting the area, showing some rejection.
- MAs are lined up as well.
- Sell continuation.