To go down to 38000.00 at least. Head & Shoulder pattern on daily TF with right shoulder not yet completed.
Double top structure on weekly TM with price expecting to reach neckline.
Market moving sideways on daily TM, and Head & Shoulders structure formed. However expecting price to drop back to around 17883. Expecting to sell at around the 50% FIB.
Expecting this pair to drop, as the dollar seems to be preparing for a bullish pullback on higher timeframes. A bearish flag also spotted on retest
(resistance zone).
This is what I see...
