Morning guys,
today we show the same scenario but at different scale - on daily chart. In recent 3-4 sessions market was standing quiet and
doesn't show any action that could harm our trading setup. So, we're still watching for completion our AB-CD target on 4H chart around 4085$
As you can see here, on daily chart - this should give us '222" Sell pattern and downside continuation.
Right now price action looks like flag or pennant consolidation which supports idea of upside continuation and completion of our AB-CD pattern.
Bearish tendency will be broken only if market will climb above recent tops and break even theoretical chances on butterfly pattern.
today we show the same scenario but at different scale - on daily chart. In recent 3-4 sessions market was standing quiet and
doesn't show any action that could harm our trading setup. So, we're still watching for completion our AB-CD target on 4H chart around 4085$
As you can see here, on daily chart - this should give us '222" Sell pattern and downside continuation.
Right now price action looks like flag or pennant consolidation which supports idea of upside continuation and completion of our AB-CD pattern.
Bearish tendency will be broken only if market will climb above recent tops and break even theoretical chances on butterfly pattern.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.