After breaking up the daily consolidation triangle pattern, this pair formed a nice Bat harmonic with X-point at the retest of the broken triangle. First entry was supported by the daily trend line and second long opportunity was at the retest of the broken counter-trend line, nicely supported by the rising daily trend line again. Interestingly enough, both entries hit TP1 of the harmonic and price slowed down which is typical after TP1 being met. Now the question is will the market rise up to TP2 for 130 pips distance? Good luck on finding good entry before next update.
Please comment and message me if you have any questions.
Please comment and message me if you have any questions.
Trade active:
Third entry triggered.