ABCD Pattern

Atualizado
This pattern has formed by retesting the top of the descending trend line.

Price is around a Large round number (120.00) I expect a bit more retesting here before a bullish move upwards.

Risk reward ration is 1:3.5 (15pips is approx loss)

A good bullish candle closing above the line is required.
Nota
Trade is proceeding as planned
Nota
Trade reached take profit. Result!
Candlestick AnalysisSupport and ResistanceTrend Lines

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