study of harmonic patterns on different timeframes suggest,with the consolidated area,
that the red bearish pattern is following an up trend. Reverse trend is expected approximately at level 1.24760/80.
have a nice trading!
that the red bearish pattern is following an up trend. Reverse trend is expected approximately at level 1.24760/80.
have a nice trading!
Trade chiuso: obiettivo raggiunto:
checking the rsi on shortest frame time it's stopping is up movement.
waiting for the next candlestick to confirm the down trend
waiting for the next candlestick to confirm the down trend