On the daily chart, we are observing the head & shoulders pattern on top. till May 8th its time will be fulfilled. according to down sloping trend in RSI, we are expecting to see a drop by having the neck line broken around 1.4990
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On the daily chart, the price is inside a bullish long-term channel and having H&S pattern on top a................
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On the H4 chart, the price is moving down strongly along with a bearish trend and every time the price touches the upper line of the channel as a resistance hurdle, the supply pressure increases and a reversal is seen. On the other hand, below the bearish trend line the price is moving upward inside a secondary bullish channel. If the lower line of the channel around $1275 is broken below, we are expecting the slid to be continued. And of course on the other hand if the $1310 resistance level is broken up strongly, a price development is in place as an assumption.
On the daily chart, the price has succeeded to break the lower leg of the triangle below, by having the price stabilized beneath the triangle, the expectation goes for a bearish bias.
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On the weekly chart, the price is close to two harmonic patterns Reciproal ab=cd. If the condition is good enough and having the demand overcome to the supply, we are expecting a reversal.
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