This to me is a flag pattern but I can yet trade it here to the upside, I need to see clear break and close to previous structure looking left.
the plan:
If price closes above 139.77 I will look to buy if the rules are met as i see price going to 144.00 and could provide 400pips, i traded similar setup on EURUSD "link below this idea", last month and provided me 400 pips lets see if this will provide me an entry
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I think we are starting to see what your analysis predicted... Good Job and Thank you very much it helped me a lot.
fermarotta
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I think the same actually seems that is a Wave 1 of elliot un 4h chart counting ... If it's it probably touch 145-146. Anyway it could make a retracement to 138 yet... But I AM bullish on it like You.