Two potential cyphers, gartley and a bat suggest downward movement, if they complete.
But before that, if the market manages to push down to the bottom of the channel, I'd expect to get a bullish opportunity and then wait for the bat completion at the top of the channel to get bearish. On our way up we may get multiple opportunities to get short.
But before that, if the market manages to push down to the bottom of the channel, I'd expect to get a bullish opportunity and then wait for the bat completion at the top of the channel to get bearish. On our way up we may get multiple opportunities to get short.
Trade active
Long @ 1.46319Trade active
Booked initial profits @ 1.4718Trade closed: target reached
TP at 1.47022
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.