The overall trend (from higher time frames) of this pair is Bearish. Therefore, this BAT pattern getting filled makes is a good opportunity to go short. Additionally, True Trend followers can look at that zone as a reason for entry.
Looking for price action to pull back to that major zone, for an opportunity to go short.
Hope it plays out. July has been tough for harmonic patterns!
I had to wait for some extra confirmation before entering the Cypher aggressively 1. Market is at Major Level of structure 2. RSI OS 3. Cypher completion at this level of structure
This has been a very common occurrence in the markets, I have not tested it yet. It is highly probable that there will be a pullback.
Bought at D-Completion Let's wait and see how it plays out next week