Yesterdays Pattern was invalidated when the market moved lower to its current position not giving us a reason to enter the market in the PRZ, however it just proves how important it is to consider the pattern formation on the larger time frame when trading the lower ones, now we have a congruence of pattern to complement the completion of the Daily pattern making this pattern more valid and the PRZ blue box is just below the 886 level of the Daily. Again the most important part of this is observation of the PRZ, if the price gaps, or drops strongly within the PRZ this invalidates the trade.
Trade carefully and be a winner
Trade carefully and be a winner
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