I studied the chart and realise that the selling pressure would be done and the trend would be at the end.
One of the main reason that I think the price would reverse upward is makes a head and shoulder pattern, so I would expect that the probability of going up the price is more than plunging to the low level.
At the end, stick to the strategy and accept the...
As you see, after that the chart made the pattern of head and shoulder, the price has been plunging to a pivot point, which is 1.22892 then bullish trend move up to a psychological zone (1.30000), I can see a double top pattern in 4 timeframes and see a false breakout as well, take into account that senior and the way market behaves to the price at that zone...
In my view, the probability of going up more than coming down because the price has moved in a channel of which the price was set above the average line and also the resistance line's broken, in addition, the price's been touched several time on the support zone that it got retreated, so it has been ready to jump into the top of the channel.
I can see a three...
