I don't think we're going to break trend and horizontal resistance.
Seems like forming it.
IF breaks white line then going to enter the sell zone. My guess is break the line cause 1 hour remains for a new 4 hour candle to appear.
We broke the trend support. Now after a retest, hopefully we're going down.
I don't know about you guys but this one has made me lose money. So watch the horizontal lines. 240 (4hour time frame) if breaks higher line up then up, if breaks the lower line then down. CAREFUL!
(1 hour timeframe!) If we break up then after a retest would go approximately 90 pips up. Another scenario this week we test 118.84.
Publishing my firs idea. CAUTION. This is not a signal to buy or sell.