The pair is currently in a consolidation ( see 4h channel as shown).
We saw a break above putting us in trend continuation mode.
The bullish gartley pattern lines perfectly with the 38.2% retracement.
Target 1 should be the channel at around (0.7477s)
Second TGT in anticipation of a breakout into previous ...
A perfect example how to combine possible advanced patterns and price structure to build a case for entry.
We recently saw a new structure high which is putting us in Trend Continuation Mode. Typically we see an outside return into previous structure, in this case perfectly lined up with the 0.382 % retracement of ...
As you can see the smaller bullish bat pattern which I traded on the 15 min Chart was successful.
Now I'm looking for the completion of this possible bearish Bat pattern on the 60 min Chart to short the market at around 1.6660
As you can see the bullish Bat pattern was successful and now there is another possible opportunity setting up.
Looking to go short at around 172.55
Stops have to go above X.
Back and forth...