Context
W1 remains in a broad range. D1 and H4 are recovering from the October lows. The latest H4 pullback ended above the late-October low, while H1 and M15 are forming higher lows again. From the current M15 price, we favour a rise towards November resistance and then the September area. A failed recovery and a return below the November low would invalidate the scenario.
Research scenario · For independent analysis · Not personal investment advice
Plan conditions
Entry: 1.34202 · current M15 price
Target 1: 1.3445–1.3505 Target 2: 1.3530–1.3570 A higher H4 low and the H1/M15 recovery favour a rise. The upper W1 range and the recent decline from 1.3500 remain constraints on the scenario.
Invalidation: H4 close below 1.3330.