Not only that this Wolfe Waves (WW) pattern if fueling this upward move, but also
* the round low which keep the price over the channel median --> //!\\ The channel is buggy displayed; see the right one here: * the last 3 days hammer where buyers were present. * a possible inverted complexe head and shoulders [1] forming the last 4 months * strong appreciation of DXY - USDOLLAR indexes.
Are all good reasons to take it as a safe bet to long this pair with potentially +5% and a good probability that the rise will become even more steep or exponential.
momentum is still bullish, but I'm done with previsions on the pair. Unsure about the future.