Embarking on this trade has the potential to unlock substantial gains. The allure of this trading setup lies in its composition: a Bullish Gartley Pattern harmonizing with RSI Divergence. This synergy is reinforced by the prevailing weakness of the JPY. This confluence presents a promising opening, notably amplified by the market's respect for the support level.
Concerns about the Potential Reversal Zone (PRZ) being breached can be allayed. The candle that appeared to challenge it, in fact, constructs a Pattern Excursion Zone (PEZ). In simpler terms, think of it as a "Covered Support." As the name implies, this indicates that support remains intact – in this case, the PRZ remains unviolated.
In this endeavor, strategic planning is paramount: Plan Your Trade & Trade Your Plan. 📈📊