After our previous Idea in Take profits, the price has fallen to a major level where we expect a rebound, 1.17000.
Here we can see the formation of a fibonacci inversion pattern, the BAT pattern. Furthermore, the presence of a divergence and oversold in the stochastic gives us a further signal of price reversal.
Here we can see the formation of a fibonacci inversion pattern, the BAT pattern. Furthermore, the presence of a divergence and oversold in the stochastic gives us a further signal of price reversal.
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Related publications
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.