FALLING WEDGE PATTERN FORMED!!
Breakout candle also formed!!
MACD showing strength!!
RSI above 60!!
SAME PATTERN FORMED IN A WEEKLY CHART TOO WITH BREAKOUT!!
Flag formed in a Monthly chart with a breakout candle!!
EMA 5DEMA crossing 13 and 26 DEMA in day chart!!
SO many confirmations!!
CAN MAKE A NEW HIGH!!
TARGET=1900/2000
STOP LOSS= 1750/1630 OR TRAILLING STOP...
Looking at the Monthly charts and where this Pair may go I have mapped a possible cypher pattern,
We have had the X to A and A to B legs form. Point C would be in line with previous area of ressiatance and Point D also falls in place with previous support