Price has completed a bullish bat pattern and it's about to break to the upside after a consolidation. After the breakout watch for a smaller correction or a smaller bullish harmonic pattern and buy the market.
If the above scenario occurs price should reach the trendline which acts as resistance in a larger corrective structure. If it breaks that level once again we will see this pair in a rally and possibly will complete a pending bearish gartley pattern.
If the above scenario occurs price should reach the trendline which acts as resistance in a larger corrective structure. If it breaks that level once again we will see this pair in a rally and possibly will complete a pending bearish gartley pattern.
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Comentário:
Till now this setup worked wonders.. We now should keep an eye on it to see if price is able to break this major level is now testing. If it break just wait for a correction and then buy.
