Potential time for new bullish leg as we have had a nice retrace bounce of the 0.618 level.
Possible short if we get a nice bearish break and close below the 0.7600 level.
Break retest continuation to the downside. Targets are fib levels plus daily support level.
H&S broken neckline and now head bearish to daily support level. Target 1 is daily support which is the height of the neckline to the top of the H&S pattern.
Price has broken back and retested long term bearish channel. After being rejected of the resistance line and 23.6 fib level price has now broken previous low and heading to make a new low. My target will be 1.4315 which is the fib extension -0.27 and also previous support.
Am waiting for break and retest of trend line for opportunities to short, targeting fib extensions.