It looks like we are dealing with a bit complex structure here....
So, please, make sure you validate it before you place any trade...
Initially it looked like we were dealing with a ((w)-(x)-(y)) pattern
but now it prove to be a different pattern..
For now, let see if price will get to (1.34729) then will decide from then...
If it failed to get there, then will re-assess the pattern for a way forward.
Please, make sure you validate the pattern first, before you place any trade....
All the best...
So, please, make sure you validate it before you place any trade...
Initially it looked like we were dealing with a ((w)-(x)-(y)) pattern
but now it prove to be a different pattern..
For now, let see if price will get to (1.34729) then will decide from then...
If it failed to get there, then will re-assess the pattern for a way forward.
Please, make sure you validate the pattern first, before you place any trade....
All the best...