


AhmedMortaja
It is possible that the right shoulder will fall to resistance at 3.54, or may continue to drop to 3.50. Also the 3.50 levels are the bottom border of the ascending channel
It is possible to be in front of forming a head and shoulders pattern, so I think the price will take a bearish path to form the right shoulder before trying to climb
I think the price will make higher high ,, But We should monitor the price at the resistance level
B from X to A .236 - .382 C from A to B 1.13 D from B to C 2 D from X to A .886 So I think we will in short position at least until 3.44 at .618% fib
it my be back to retest the neak line for head and shoulder then make move up ,,,, we need break 3.5485 to be sure rise the price