We could go as far down as 146.50 before another bullish impulse as the 1.13 and 2.24 fibs line tighter than the 88.6 and 1.618 but overall market structure is still bullish. Pair has been consolidating since it established a new HH back in September but the completion of the shark pattern will give us an excellent R:R entry to the upside.
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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.