W1 - Price is at the middle of the range, we may expect it to move lower until it reaches the bottom of this range.
D1 - Price is at the top of the pattern, we may expect the price to move lower until it reaches the bottom of this pattern (somewhere around 0.8650 or so).
H4 - Price broke below the bottom of the range. Double wave down with bullish divergence has formed. We may look for pullbacks and sells.
D1 - Price is at the top of the pattern, we may expect the price to move lower until it reaches the bottom of this pattern (somewhere around 0.8650 or so).
H4 - Price broke below the bottom of the range. Double wave down with bullish divergence has formed. We may look for pullbacks and sells.