IN THE 15M CHART , RATE IS ABOVE THE 200 SMV which is a goog indication of possible bearish direction reversal . in the 1hr chart , there are two possible harmonic patterns are forming , the first is bat and the second is crab as long as the price rate is above the level of point B AT 1.14088 we can go long and make some pips till the completion of the bat pattern at point D AT 1.14628 ... lets wait and see what will happen :)
Comments
MohamedMagdy
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i prefer not to go long unless the price test the level of point B @ 1.14079