A bullish bat pattern spotted on gold 1 hour chart.
A bullish bat pattern spotted on Gold One hour chart
A bearish bat pattern has been formed on the gbpusd chart.. expectations are for the pair to trade downwards The overall trend is also a bearish one
after the price retraces back into that zone its expected to drop
The price is currently on a daily support structure which we expect will push the market back up.. on the lower timeframe 1hr chart it prints a double bottom and also form a bullish RSI divergence.. All these aid in the decision to go long
There is a formation of a bearish RSI divergence which indicate a fall in price
The market might make a slight pullback towards that zone and continue upwards for some time
