I expect price will respect this harmonic pattern on this pair.
We see:
- parallel channel
- reciprocal ABCD (purple)
- structure resistance
- bearish divergence on macd
- macd crossing moving averages
Lets see what happens.
We see:
- parallel channel
- reciprocal ABCD (purple)
- structure resistance
- bearish divergence on macd
- macd crossing moving averages
Lets see what happens.
Comment:
firt target hit, moving sl to be
Trade closed: target reached:
second target hit