Waiting for correction, still not clear whether the market will be bullish or bearish
Another possibility to watch out for if the other patterns don't play out
further update to my previous post. This is what i am expecting, its always best to sit back and wait to get a clear idea if you become indecisive like my previous post
possible area to buy and the red area below would be area to set stop loss, but it all depends on how the market reacts in the buy zone. i wouldn't be looking to buy straight away if the sellers are gaining enough momentum to break the pattern.
Another scary possibility to watch out for that will cancel out my GBP predictions
Waiting for double bottom or some time of consolation or price action to buy. I do believe that this area is a strong support where buyers can come in with strong momentum to the upside. A good win to lose ration if the pattern does complete
Bullish in the blue rectangle, depending on how the price reacts, could fail and show reversal towards the downside