Forecast Scenarios: A.1- If the Price Completed the Head And Shoulder Pattern around the Level of 1.39 to 1.40 (- Minor Resistance Level -). A.2- If the Price Showed Bullish Action and broke above that level. -- The Price is supposed to hit the Target Level 1 within the range of 1.423 -- (-- Normal Risk --)
B.1- If the Price broke above the 1.41 (- Resistance Level-) with a minor retest. -- The Price is supposed to hit the Target Level 1 within the range of 1.423 -- (-- High Risk --)
-- The Price is supposed to hit the Target Level 2 within the range of 1.44 -- (-- Low Risk --)
(-- Take Care of Hedge Funds Hunting Stop Losses --) Trade Wisely
Note: - These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies. - No Hedge Funds Analysis were included in the analysis. (-- Please Consider --)
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First Confirmation Reached. Waiting for to Show Bullish Movement.