price is failing to create a clear trend. However, a break above 1.37870 would open opportunities for longs. otherwise, the market would remain bearish
I can be identified on the h4 timeframe, that price formed an intraday resistance which then turned support, price broke out of the resistance and formed a double bottom pattern. price broke above the neckline of the double bottom and is about retesting the neckline. would be looking for possible longs when price gets around the neckline
This trade was taken off the H4 time frame, chart pattern and key levels analysis. expecting price to get to the monthly level but would observe price action incase of change in momentum
