After bullish movement which last for 3 consistent days pair formed very harmonic flag pattern also we can see three white soldiers.
There is one GAP grey thin line which represents GAP on daily chart.
This chart is filled with variety of bullish patterns mid of January upside down head and shoulders pattern was formed on 4H.
I set up TP at 1.600 which is based on the high of the flag. Risk/ratio is close to 2.7
If the pair will consolidate for some time I would expect that the 200 Ema will push pair higher.
in the link there are upside down head and shoulders formations which when followed trend.
There is one GAP grey thin line which represents GAP on daily chart.
This chart is filled with variety of bullish patterns mid of January upside down head and shoulders pattern was formed on 4H.
I set up TP at 1.600 which is based on the high of the flag. Risk/ratio is close to 2.7
If the pair will consolidate for some time I would expect that the 200 Ema will push pair higher.
in the link there are upside down head and shoulders formations which when followed trend.
