Context
W1 and D1 retain the decline from the 2026 highs. H4 shows a recovery after the sharp fall into the November low. H1 and M15 show higher lows, so from the current M15 price we favour further recovery towards two resistance areas. This is a corrective advance within the bearish D1 structure; a return below the November low would invalidate the primary scenario.
Research scenario · For independent analysis · Not personal investment advice
Plan conditions
Entry: 0.69014 · current M15 price
Target 1: 0.6922–0.6942 Target 2: 0.6954–0.6992 Higher lows on H1 and M15 favour further recovery. The bearish D1 structure limits the thesis to a corrective advance.
Invalidation: H4 close below 0.6852.