The Crude it's taking to much time to test the horizontal Resistance Line, but I firmly believe it's going to test it and then the trend it will reverse to the downside, cuz we have two patterns here, one you can see on one of my latest published analyses here and also this beautiful Bearish Crab that's being formed inside the Bearish Bat, and one of the confluence is that the HL it's inside the PRZ.
Rules:
1. Harmonic Pattern Completion - Waiting;
2. Horizontal Resistance Line Test - Waiting;
3. PRZ Hit & Tested - Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. Risk Management - Set;
7. Risk/ Reward - 1/4;
Okay, now we only have to wait to see what#s going to happen with this instrument.
Pips Hunters Forex
Rules:
1. Harmonic Pattern Completion - Waiting;
2. Horizontal Resistance Line Test - Waiting;
3. PRZ Hit & Tested - Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. Risk Management - Set;
7. Risk/ Reward - 1/4;
Okay, now we only have to wait to see what#s going to happen with this instrument.
Pips Hunters Forex
Comment:
1st Target Already Filled, and the SL it's on Breakeven.