Priceline of Dock / US Dollar is forming a bullish BAT pattern and soon it will be entered in potential reversal zone insha Allah.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.010223 to 0.010143
Sell between: 0.010412 to...
it completed the BAT harmonic pattern. so you can buy it. this analysis is valid to 29 oct 2019. for trader how in low risk I suggest setting a buy stop order that show in my analysis.
Good trade EK_Analysis
Formation: Resistance Channel
Risk Management: 2%
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
FxCanli Volume Indicator:
Priceline of DOCK / Tether US has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for...
DOCK is approaching the first zone of interest right now. The price is testing a lower border of the channel, 0.2global fibo and the previous ATH. Looks interesting. Zones of interest and targets are on the chart. Good luck everyone!