So this week, price for me is in a corrective parallel channel.

Atm im forecasting two possibilities the first is to push upwards from 0.63143
level with a reversal impulse or to push past down that level and to the bottom
of the structure and form a reversal at 0.61925

Im still leaning with the HTF bias to go long.

The picture above is a forecast on the Sydney/Tokyo session at 5:00 GMT .

We can see a HTF daily Descending channel with a HTF double bottom
as well as a larger inverse h & s pattern

Latest price action formed multiple impulse and correction within the parallel structure.

Since last week market, it was a bit unclear and volatile because of news and the new month. However, this week im not seeing much still but I have forecasting my take.

Have any questions, feel free to let me know

*Being Patient and letting setups come to you*

https://www.tradingview.com/x/nymUrfzG/



Double Top or BottomHead and ShouldersParallel Channel

Feragatname