From a technical point of view, the trend is bearish on intraday chart, but if the pair manages to stay above wave B, an interesting technical bounce is possible. Looking at the 1H chart we have a resistance area (Target 1) around 1,060/1,063, here the pair could form a bearish harmonic structure (see chart below). If the pair triggers wave A breakout, the harmonic will fail and the swing will take the shape of an ABC Pattern.
HARMONIC RISK
Trade with care
Like | Share | Comment
HARMONIC RISK
Trade with care
Like | Share | Comment
Yorum:
🔴 Trend is still bearish
İşlem kapandı: hedefe ulaştı:
✅ Target1 | Resistance Area
Yorum:
🔴 Swing is still bullish
İşlem kapandı: hedefe ulaştı:
✅ After clearing the harmonic risk, the pair successfully reached our Target 2. Congratulations everyone!
For new updates, visit our website.
For new updates, visit our website.
İşlem kapandı: hedefe ulaştı:
🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015