# Analysis of the four-hour chart.
# Crossing the moving average 86
# A price channel has been crossed at 1.6474, the target is 1.9115 - 2.1081.
# A head and shoulders pattern is forming, waiting to cross the neckline to target 2.2409.
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= Analysis fails if 1.6065 is broken.
= The #area 1.7600--1.7923 is a difficult and dangerous area
=#new update
# Crossing the moving average 86
# A price channel has been crossed at 1.6474, the target is 1.9115 - 2.1081.
# A head and shoulders pattern is forming, waiting to cross the neckline to target 2.2409.
-----------
= Analysis fails if 1.6065 is broken.
= The #area 1.7600--1.7923 is a difficult and dangerous area
=#new update
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.