I am expecting breakdown of this bearish flag. In case price do no breakdown and rise to the upside i will look for change in pattern.
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Watching price action under trend line.
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Price has broken up after hitting the bottom channel line. I am still bearish on this pair and watching price action under bigger channel line if price breakup i will look for change in structure and pattern.
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Unfortunately corrective flag did not breakdown. But price is still in down trend.
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Comments
sakseeda007
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If pattern like this we have no choice....I agree mate !!!
Thank again for your good idea.
Wave-Trader
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Good Luck mate.
Almohaj
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good idea i agree with you ,
Wave-Trader
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Thanks mate good luck mate.
Werasuper
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May be it`s a bullish impulse? And we should buy this pair?
ChrisMark
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agreed
ChrisMark
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B tail at 0.618 , body still in 0.50 , so i consider that as a bat
Wave-Trader
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we call this entry before breakout mate. i am agree with your analysis mate good job.
Thank again for your good idea.