sleutha

sleutha

two potential harmonic patterns might take place, the bat pattern or gartley pattern. If markets hold on the 1.13802 level then the bat pattern is the most like pattern to happen and we can also see the double bottom trade with a nice trade on the C and D leg before spring-boarding off in a bullish direction of the 1.13432 level. But by looking at the last bearish...

sleutha

We can see the pair testing the previous resistance at 135.137 which the market has respected 3 time now. Lets see if the resistance holds. The trade will almost be a 3-1 ratio