Price is likely to come all the way down to hit 1.34500/1.34400 then bullish all the way to the next psychological level @1.3550.
This projected move has a very high probability of occuring so watch out.
Don't buy just yet, our bearish move isn't quite complete yet because at the moment. price in H1 got stuck in the 200EMA and it's gathering volume to break that level hence the consolidation.
Hopefully Jolts Job openings provide the necessary volume we need to make this analysis happen.
We have another strong pattern that supports this analysis and as you can clearly see on the chart. It's our favourite pattern the inverse Head and Shoulders pattern. We're waiting for our Last shoulder to form before taking those buys💯.
This projected move has a very high probability of occuring so watch out.
Don't buy just yet, our bearish move isn't quite complete yet because at the moment. price in H1 got stuck in the 200EMA and it's gathering volume to break that level hence the consolidation.
Hopefully Jolts Job openings provide the necessary volume we need to make this analysis happen.
We have another strong pattern that supports this analysis and as you can clearly see on the chart. It's our favourite pattern the inverse Head and Shoulders pattern. We're waiting for our Last shoulder to form before taking those buys💯.
