TURNING POINT BREAKOUT + OUTLOOK FOR INVERSE TO HAPPEN
We've observed four resistance breakouts with the price attempting to retrace back.
As of now, there hasn't been a formation of an inverse pattern, indicating that a reversal signal has yet to manifest. It's advisable to monitor the situation closely. Should such a pattern emerge, there's a possibility of a test towards the Fibonacci level of 1.618.
As of now, there hasn't been a formation of an inverse pattern, indicating that a reversal signal has yet to manifest. It's advisable to monitor the situation closely. Should such a pattern emerge, there's a possibility of a test towards the Fibonacci level of 1.618.
