It looks like H&S pattern is forming on H4 timeframe.
Possible entry points:
1. Near 1.1250 after test of middle Bollinger band and reverse.
2. Near 1.1122 after breaking shoulder line and last minimum.
Target 1: 1.1048 (38.2% Fibonacci)
Target 2: 1.0950 (50% Fibonacci, 200 SMA)
Possible entry points:
1. Near 1.1250 after test of middle Bollinger band and reverse.
2. Near 1.1122 after breaking shoulder line and last minimum.
Target 1: 1.1048 (38.2% Fibonacci)
Target 2: 1.0950 (50% Fibonacci, 200 SMA)