We can clearly see that the pair is in some form of consolidation. Now we cannot say for sure that it is an expanding triangle. It could very well just be an expanding or even running flat. Whichever the case may be though I'm personally still looking towards the downside for the next few days. Awaiting further confirmation and a breakout, but we can already see that the pair has broken the inner upper trendline within the consolidation and has also retested it in the form of an inverted hammer so we're already receiving a few potential signals.
Trade safe and do your own due diligence before executing a trade.
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Trade safe and do your own due diligence before executing a trade.
For further details join us at:
www.valuedbusinessconsulting.com/
Comment:
BEARISH 3D PATTERN...BREAKOUT SOON?
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The bigger picture
Comment:
time to buy the last swing up?
