Price completed a motive contracting leading diagonal wave and made a corrective ABC structure.
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The ABC corrective structure also ends with a double bottom pattern at the support confluence level and price has the potential to move up towards the resistance level.
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Considering that the price has broken the counter trend line, all the bullish criteria has been met. So we just have to place an order and see how price unfold.
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Safe trading!
.
The ABC corrective structure also ends with a double bottom pattern at the support confluence level and price has the potential to move up towards the resistance level.
.
Considering that the price has broken the counter trend line, all the bullish criteria has been met. So we just have to place an order and see how price unfold.
.
Safe trading!