As you can see EU is ling on support line. RSI ob, STOCH ob (crossover on 5m). SL below 1.09550, TP at just below round number to be filled - 1.09970.
On 15 M chart there is possibility of cypher pattern. Fib confluence on 1070/1069 (also round number and strong level). RSI is showing divergence.
Got two targets both on strong fib confluence, 1st target around 0.61 fib and also round number - 1062, 2nd on 1058.
On 4H chart we make higher-highs, higher-close. STOCH crossover, strong fib confluence at 1.0918 SL below 1.06650, TP around 1.0918.
So we didn't broke, close above 390, but we've got lover close below 360. There is also fib confluence near 335-340 and looking left there is nice structure.
First sign of wickness. Chart says it all. On dayily chart we broke previous structure low (!)
As you see we almost reach 0.618, I expect to rollover as soon as we reach that level. Also we have double top on left.
We get potential Gartley pattern. Theres nice confluence on CD leg 0.618 fib meet 1.272 fib ext.
Theres nice fib confluention 0.5 ret fib and 1.272 right at 1.3749. We also didn't violete prev lows, thats my opinion.
There is similiar situation on those green boxes, first we go short then we go long around 1.3900 - 1.4000
We have higher high - higher close on 4h chart.What do you think guys?