mauritzwalt

mauritzwalt

The pattern shown is a bull deep crab. Do you think the reversal after point 'D' is because of the harmonics or mostly due to the news (fundamental) events at the same time?

mauritzwalt

Break through the 13 level (out of the yellow channel) and follow the red arrow. OR Retrace up towards the stron resistance support level 13.20 (red line) and then break down. In either case the TP will be 12 or 11.50 if the 12 leve is broken.