Pattern: Multi year Channel Down
Signal: Bearish as the price is on the 2nd straight red 1D candle, having been rejected within the Lower High (Sell Zone) of the Channel Down.
Target: 1.0835 (0.618 Fibonacci retracement) and 1.07150 (just above the Buy Zone).
Signal: Bearish as the price is on the 2nd straight red 1D candle, having been rejected within the Lower High (Sell Zone) of the Channel Down.
Target: 1.0835 (0.618 Fibonacci retracement) and 1.07150 (just above the Buy Zone).
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