WEEKLY: Price formed tweezer bottom at key support level at 61.8% of the swing fib. I think we might see some rally to the following resistance. (its also good to note that price is in big triangle. the possible pull back might be leg C which will make price dip to 1.29?? at the bottom of the triangle for a possible bullish gartley.………….. this is for future reference)
R1=1.3877
R2=1.4000
R3=1.4237
DAILY: price has made a low making the AB boundary to be as follows A=1.4577 and B=1.3445. we are expecting a pull back to any of the highlighted Resistance. A bull back to 1.4335 will give an equal Right tip of a large bearish crown which subtantiate our claim for a dip till 1.29
4hr:Interestingly, price has broken the aggressive bearish trendline and looks like it might rally to 1.3872 to give bearish entry.
entry:1.3870
stop:1.4010
target:1.3650
