MTF Analysis.
Check out the Weekly TF. Weekly pattern of Head & Shoulders where we are on our way up from the right shoulder that formed early this year @ 1.1850 6 January 2023. TP @ 2600 level.
Daily & H4 are bullish however, at this moment, price is consolidating. 2 potential general price action moves. Whichever one pans out, bias is still bullish to at least immediate last Daily Higher High & ultimately 2600 level.
Sit on your hands till price tells you what to do.
Check out the Weekly TF. Weekly pattern of Head & Shoulders where we are on our way up from the right shoulder that formed early this year @ 1.1850 6 January 2023. TP @ 2600 level.
Daily & H4 are bullish however, at this moment, price is consolidating. 2 potential general price action moves. Whichever one pans out, bias is still bullish to at least immediate last Daily Higher High & ultimately 2600 level.
Sit on your hands till price tells you what to do.