Price looks to possibly maintain its uptrend momentum as it has failed to compromise its Daily uptrend trendline and continues to form higher lows. Price also looks to have successfully formed a Double Bottom on H4 timeframe whose neckline has now been broken past and may look to climb and compensate for its earlier imbalance on the Hourly timeframes, and maybe head for 1.30000. A close above the daily structural area 1.28066 could suggest price's push towards or above the imbalance area. Thank you for tuning in!
*Note: Negatively correlated pair CADJPY has successfully formed a Daily H&S pattern, which could possibly see price drive downwards.
#charter_box
#walkit_talkit😎
*Note: Negatively correlated pair CADJPY has successfully formed a Daily H&S pattern, which could possibly see price drive downwards.
#charter_box
#walkit_talkit😎