This pair is in a bearish continuation pattern from a 618 retracement on the 4 hour, A Bearish engulfing candle on the weekly. It is also possibly process of completing a Harmonic Bat Pattern and in the corrective waves currently. Look for a fib entry or support trend line breakout.
Trade your plan
AndyG
Trade stängt manuellt
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The Bat formation did not complete so i traded the breakout to the upside. Never argue with the market .
Learn market structure and you will better understand price behaviour.