This Pair is currently in a stong Bullish trend which will most likely continue, however i feel we will see an outside return soon.
I can see we have 2 possible advanced Patterns forming on the Daily timeframe.
A Bearish Gartley is possible, D completion does line up with some previous structure which could act as resistance, however this was broken last time. Also the RR for the pattern is only really 1:1 if you're going for the 618 target.
The second possible pattern which also has a better RR is the Bearish Bat, D completion is around the area where we really saw the pair drop at the beginning of the year. The stop would be at previous resistance, the pair tried to push past this level but couldnt so for me this is a safer area.
All imo of course and will see what happens
I can see we have 2 possible advanced Patterns forming on the Daily timeframe.
A Bearish Gartley is possible, D completion does line up with some previous structure which could act as resistance, however this was broken last time. Also the RR for the pattern is only really 1:1 if you're going for the 618 target.
The second possible pattern which also has a better RR is the Bearish Bat, D completion is around the area where we really saw the pair drop at the beginning of the year. The stop would be at previous resistance, the pair tried to push past this level but couldnt so for me this is a safer area.
All imo of course and will see what happens
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
