A nice diamond pattern is developing on 4H chart.
I have successfully traded this pattern before:
This pattern usually suggest a trend change. We must wait for breakout with a decisive candle to enter long.
Fundamentally, there are positive rumors about negotiations with Greece, so this pair could begin a rally.
There is also a bullish divergence on Macd on D1 chart.
Best regards.
I have successfully traded this pattern before:
This pattern usually suggest a trend change. We must wait for breakout with a decisive candle to enter long.
Fundamentally, there are positive rumors about negotiations with Greece, so this pair could begin a rally.
There is also a bullish divergence on Macd on D1 chart.
Best regards.