EUR/USD D1 - Price breaking the channel? - Pattern projections
Updated
Price is pressuring channel resistance and there is no sign of divergence yet, so the price could continue higher a little bit more and complete these patterns projections.
On H4 chart (no sign of bearish divergence), a bearish Crab pattern can be projected that overlap the possible formations on D1 chart… will see if the opportunity presents itself.
On H4 chart (no sign of bearish divergence), a bearish Crab pattern can be projected that overlap the possible formations on D1 chart… will see if the opportunity presents itself.
Note
Bearish Bat complete and bear divergence is present. On H4 chart, there is a possible shark pattern.
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