Sentiment: Bearish

• On 8H, Day-to-day and Weekly, we will be able to see a transparent head and shoulders. March appears to be giving the general leg of the fitting shoulder.
• Having a look from the beginning of 12 months, we had a bearish impulse adopted by way of retracement. Retracement hit 61.8 fib a rejected completely into every other bearish leg (completing proper shoulder of H&S development discussed) up to now
• There’s a Weekly call for zone we glance to be heading to on March’s bearish leg between 1.075 to one.065 space.
• Lately breaking a S/R space with robust bearish force in route of call for

Outlook: Search for sells into call for space going into Q2 and doubtlessly heading in opposition to Fib Extension space. Watch out as there may well be volatility/rejection within the call for space.

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