i see inverse head and shoulder pattern likely to form on EURAUD.
So from the RBA interest rate this morning. Unless otherwise, i expect to see EUR/AUD drop to 1.623 as it completes for the right shoulder which is at the 50% fib.level .
If this doesnt happen, then we can see a sharp move to the upside .
I know everyone is bearish on btc, probably due to the news on the U.S dept ceiling.
So from i see in the i see same bears in the market, but momentarily i see bct might close breaking below the suport zone which serves as the neck line to the H&S pattern . I saw expect it to pull back 27800 level for a retest before it might continue headlong to S2. Unless the...