In my latest analysis on this pair, I predicted a decline based on a bearish Bat pattern:
Well, the price has decline fast and is now approaching some critical classic and harmonic support:
1- Massive Inverted AB=CD pattern
2- Bullish AB=CD pattern
3- Channel bottom
4- Butterfly
I think some decent long opportunities lie ahead for the patient bulls.
Good luck,
Ali Sharif Azadeh, CFTe
Well, the price has decline fast and is now approaching some critical classic and harmonic support:
1- Massive Inverted AB=CD pattern
2- Bullish AB=CD pattern
3- Channel bottom
4- Butterfly
I think some decent long opportunities lie ahead for the patient bulls.
Good luck,
Ali Sharif Azadeh, CFTe
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In the long zone. Prepare to go long!
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This thing is going right up to the North Pole.