Context
W1 remains in a broad range, while D1 recovers from the October decline. The 5–7 November H4 advance stalled near 1.4140, after which H1 and M15 show lower highs and lower lows. From the current price, we expect the pullback to continue toward two separate 6 November areas. The preceding strong upward impulse remains opposing evidence; an H4 close above 1.4140 invalidates the bearish scenario.
Research scenario · For independent analysis · Not personal investment advice
Plan conditions
M15 reference price: 1.40901
Target 1: 1.4055–1.4083; Target 2: 1.4008–1.4024. Primary scenario: bearish. Lower H1/M15 highs and lows support a further pullback after the strong H4 advance.
Invalidation: H4 close above 1.4140.