2 Potential Bullish Advanced Patterns + Bearish Opportunity.
Price Just Completed a head and shoulder formation which usually signifies the end of a move in one direction.
Last week after the NFP release , price broke through the trend line to the downside. We currently have two advanced patterns forming. A Bullish gartley completing at 0.7109 and a bullish bat completing a little lower at 0.7083
IF price respects the pattern and pushes up, Price could retest the trend line from below and then head South.
Cheers!
Last week after the NFP release , price broke through the trend line to the downside. We currently have two advanced patterns forming. A Bullish gartley completing at 0.7109 and a bullish bat completing a little lower at 0.7083
IF price respects the pattern and pushes up, Price could retest the trend line from below and then head South.
Cheers!