The 1-hour chart has formed a Head and shoulder.
The pair has made a strong bearish move and is currently trading around a strong support zone.
In due process, the pair has also formed bullish cypher pattern and bullish bat pattern, which are indications for a trend reversal.
Hence, we expect the pair to make a bullish move from here.
The pair has made a strong bearish move and is currently trading around a strong support zone.
In due process, the pair has also formed bullish cypher pattern and bullish bat pattern, which are indications for a trend reversal.
Hence, we expect the pair to make a bullish move from here.