Price making pressure to the support line of the channel, hopping price doesn’t go below 88.6% BC
Fibo retracement and determinate that we have a Bullish ABCD
pattern. If I take de X point into the harmonic
analysis, the projection is for a Bullish Shark
, placing the point D near of 0.3088; it’s hard to believe that it’s going to happen if I consider the channel. For now, I prefer to observe the ABCD pattern
in the short term.