I've mapped out all the patterns I can identify on this pair and I've selected the most probable.
The first which is a formation of an inverse head and shoulders pattern leading to a break above the trend and possibly a short-lived breakout.
The second is the formation of a fake left shoulder but a bounce on retesting the upper trendline to continue the trend to the downside as I've mapped out.
The first which is a formation of an inverse head and shoulders pattern leading to a break above the trend and possibly a short-lived breakout.
The second is the formation of a fake left shoulder but a bounce on retesting the upper trendline to continue the trend to the downside as I've mapped out.