IMO unless this descending upper TL and 1.0506 holds, H4 is currently targeting 1.0526 - 1.0534 to create the right shoulder in order to complete the H&S pattern, the neckline would be around 1.0450..
D1 is giving me these numbers to watch as a downward move
1.0450
1.0429
1.0392
1.0355
breaking 1.0526 - 1.0534 area would invalidate the scenario and a possible push up to 1.06 or even 1.07
p.s. both regular and hidden bearish divergence occur on H1,H4 and D1. But this stubborn pair has been ignoring such thing since the time it broke 1.0500 from the 1.04xx area...
D1 is giving me these numbers to watch as a downward move
1.0450
1.0429
1.0392
1.0355
breaking 1.0526 - 1.0534 area would invalidate the scenario and a possible push up to 1.06 or even 1.07
p.s. both regular and hidden bearish divergence occur on H1,H4 and D1. But this stubborn pair has been ignoring such thing since the time it broke 1.0500 from the 1.04xx area...