Dear traders, as you could see, three patterns could be recognized. A big bullish H&S pattern has failed to boost the pair. The bearish AB=CD pattern has pushed the pair down as we predicted in our previous analysis. Now, a bullish butterfly pattern is forming which might cause the pair to rise towards WP. Which pattern would conquer at last? Let's see!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.