Looking at the 4 hour timeframe we can see a corrective ABC structure formed. With wave C complete we can expect a surge
to the upside to continue the once bullish trend before the correction. On the H1 timeframe we have a complete inverse
head and shoulders pattern. I must admit this is a weird looking neckline but it'll serve its purpose. I expect a break above
and a retest of the neckline before placing a buy entry.
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on UCHF down in the comments.
Targets:
0.94600
0.95000
0.95300