With last weeks Friday close with a strong Bullish Trend Bar, are we to expect a further move up? Potentially. in saying this we may be forming a Bearish HARMONIC, - either a Gartley or Bat formation - this pattern could prove to test supply zones @ 0.73853/0.73285 before a move down. This could also be a viable ABC Correction if the pattern plays out. Pull backs on the lower position could give a nice entry to the completion level of the Gartley/BAT
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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.