At time frame 1H, cable likely form inverted head & shoulder pattern. The price expect to rise toward white arrow. Risk & reward as describe at picture. Disclaimer on.
Note
close trade, it takes much longer duration to get out from red box area.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.