So this week, price for me is in a corrective parallel channel.
**Price formed a falling wedge and Broke out with a CAB as the right shoulder of the
inverse head and shoulder.
Also formed a mini double bottom**
Im still leaning with the HTF bias to go long.
The picture above is a position on the Sydney/Tokyo session at 24:00 GMT that I took.
We can see a HTF daily Descending channel with a HTF double bottom
as well as a larger inverse h & s pattern
Latest price action formed multiple impulse and correction within the parallel structure.
**Price formed a falling wedge and Broke out with a CAB as the right shoulder of the
inverse head and shoulder.
Also formed a mini double bottom**
Im still leaning with the HTF bias to go long.
The picture above is a position on the Sydney/Tokyo session at 24:00 GMT that I took.
We can see a HTF daily Descending channel with a HTF double bottom
as well as a larger inverse h & s pattern
Latest price action formed multiple impulse and correction within the parallel structure.