Otimothyy
The whole week we've been retesting a recently broken very strong daily support zone. Thursday closed with a daily bearish engulfing candle and h4 closed off the week with a head and shoulder pattern. Price could reach 0.60800 and possibly make new all time lows.
Pair looking beautiful for next week, got that double bottom on H4 after retesting weekly support, waiting for resistance to be broken then it'll be flying time. TP areas are 0.96400 and 0.97600. This could be a very long trade because we are having a second retest after breaking out of a 7 month range.
We've finally got some buying pressure after playing in the weekly support for almost 2 weeks. Got that double bottom on the daily TF as well. Broken H4 resistance and here could be a retest or not but we definitely reaching 1.91500 next week, possibly 1.94000 with patience.