Based on the chart, we can see several patterns that are leading the price to the 53k-55k area.
Firstly there is an ab=cd pattern that I did not indicate on the chart but the prz is on 55k
then, the second harmonic pattern is a bearish shark pattern which still needs time to be completed but I guess the price is on its way to complete it.
and the last important...
in the last analysis, I detected a crab pattern, but the price surpassed the prz are but not strongly so I think it is a BOF. also in 1h timeframe there is another bearish crab pattern and the price couldn't break it. I will analyze it in another idea
DXDY has been on an ascending channel for about almost 3 weeks, there is a nice bearish Gartley pattern in the chart and the price has reached the prz. It has also coincided with the channel resistance; furthermore, it's visible that the buyers are weakened in the last increasing movement. I'm waiting for divergence and a breakout in the minor classic ending...
