Bullish Only with Confirmation of Patterns

24 May 2020

This week we have a sym triangle and also a Teacup Formation on the 4Hr chart. This could lead to a breakout and full BUllish Move especially with news this week for USD expected to be good. If we get that formation completion we can expect a retest of the Resistance level and possible retest as support leading to a nice break for 1.42, other possible movements can see it retesting support and making a break to stay within the channel and break in either direction after. For now, expecting Bull movements leading into Monday-Tuesday.


NOTE: THIS IS NOT FINANCIAL ADVICE AND IS NOT TO BE TAKEN AS SUCH NOR IS IT DESIGNATED AS A SIGNAL.