Let's see how it would play
Let's see if this BAT would stop the bulls
Some selling should occure
It is just and idea (not trade call). I am just learning still so it is very probable that I could be wrong.
Last time I was wrong thinking that C point completed at 1,1460. Price hit 1,1615 and completed the BAT pattern. The top at 1,1615 should be the C point of triangle. If this is correct the next move should be the D point.
One more wave up ?
First long (SL below 0,76). Than short after D completion.
It is also TCT idea. Yes I know about bad CPI data but one bad data does not change the trend? Isn't it?
Levels below 1,08 and 1,07 are hard to imagine right now, but it appears that there is some space to move lower. Looking for sell at the pulback
Long at completion of potential C point
Could it be that the same BAT will work again ? This time with a help of CYPHER ....