study of harmonic patterns on different timeframes suggest,with the consolidated area,
that the red bearish pattern is following an up trend. Reverse trend is expected approximately at level 1.24760/80.
have a nice trading!
that the red bearish pattern is following an up trend. Reverse trend is expected approximately at level 1.24760/80.
have a nice trading!
Trade closed: target reached
checking the rsi on shortest frame time it's stopping is up movement.waiting for the next candlestick to confirm the down trend
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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.