This currency just crossed down a huge Daily uptrend... I could see this potentially moving back up for a retest then shooting down to a key support level.
Break of structure occurred, patientially waiting for price to come back down into the demand zone.
Potential price increase incoming. Trend line on the 4HR has been broken to the upside.
Potential long on the way! Change of character and break of structure occurred shown on the left.
Predicting a potential long... comment below if you'd like to add any more input, thank you!
At first to the left you can see there was bearish momentum. We can identify a demand OB (Order Block) where there was the final down candle before the break to the upside. BOS (Break of Structure) was created and the market created this liquidity equal low. Buy limit placed on our POI (Point of Interest) 0.68150. Looking for a potentially rally up, taking profit...
Market looks like it will potentially hit 1.77324, if the price breaks out of the consolidation area with the bullish flag being an essential confirmation.