Counter-trend traders do take note, if you are looking for a trend-reversal trade, it might not be the time yet.
What I've spotted is a potential Bearish Flag Pattern, the Flag Pattern confirmation will happen when the candlestick break and close below 0.5560, so I say, "Hold your horses!" Let's see what pans out.
Check out the related ideas at the bottom to access the lower timeframe analysis.
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.