Inverted dragon pattern as on dollar index and eurusd.
First reaction is expected at 61.8 Fib level (from head to leg).
First reaction is expected at 61.8 Fib level (from head to leg).
Trade active:
1st Tp at dragon's inverted hump 22.501
2nd Tp at 0.38
3rd TP at 0.61
For educational purposes only.
Gpusd follows the same pattern as on Ddollar index -
www.tradingview.com/chart/EHHnPtmm/
2nd Tp at 0.38
3rd TP at 0.61
For educational purposes only.
Gpusd follows the same pattern as on Ddollar index -
www.tradingview.com/chart/EHHnPtmm/
Comment:
Interest rates decisions by Bank of England today. Hence the violent moves.