It's going to break out eventually. But which way?
Nothing advanced or a dozen indicaturs on the charts, just simple technical setups.
Beautiful opportunity right here.
Price did not close below X, this means the pattern is still valid and you get a better entry price compared to the origional entry.
Bullish bat and bearisch gartley. An idea to shoot for T2's at the gartley completion in stead of the traditional targets of the bat pattern.
Cypher came close to completion. But did not get there yet.
Sligtley inversed R/R, but stops below structure.
If we get down to the 0.8210 / 0.8220 level, I will be looking to go LONG NZD/USD
If GBP/JPY pushes up, a bat completion will be at the 88,6 retracement of X. Pattern will be invalid if price moves lower then the A point.
EUR/AUD 60M: Bearish Cypher at market
NZD/USD 60M: Bullish Cypher at market