Im anticipating price could move down to 1.4120 support level and either continue moving higher from there or if fails at the highs (blue circle) then price could possibly move its way back to 1.3985/1.4000 key support level.

If price pulls back from here, looking to go long @ around 1.3996/1.4000...if price gets there.

Support still holding above 1.38145.... unless canldestick close below the level, price still in a range.

Nice base formed at the bottom but no legs to run yet. Maybe stop hunting at the lows before price break out of base to the upside.

[quote=KillerWhale;8666294] How far do you think this can go?[/quote, maybe a Im anticipating price to remain within the range between point X and Y. Buying low of the range and closing position near the top, maybe around 1.3960 to 1.3990. If price ...

Im going long @ 1.3848 with stop loss @ 1.3812 just below (Y). 1st target profit @ 1.3918.

1st profit target 1.3750... Stop loss 1.3868. Im anticipating no hourly close above 1.3848.

Yes...I got it all wrong, trading against trend.

Gartley patern on the hourly...0.786 ret and 1.618 extension.

Looking to sell at around 1.3920 -1.3930 if price gets there.

Looking for correction wave (Y) to end around 1.3750, 1.3700.

Running ABC plus zig zag correction. (1) to (5) impulse followed by ABC upwards and then impulse down.

Price looks like heading back to 1.4876.

If price were to make 4th attempt at the highs and fails, I would be looking to short.

Looking at the hourly chart, price is still trading within the Range. If price moves higher than its current peak, price could possibly resume its uptrend...and if it makes a lower low(below range low), it would move into a bigger Range. Overall ...