I am seeing a BAT Pattern and an AB=CD Pattern completing at approx 0.7519-0.7521 with strong confluence a D point. The D leg for both BAT Pattern and AB=CD completes exactly at 0.75205 with a FIB EXT of 1.414 a few pips away. Low to High swing also shows another confluence of 0.382 at PRZ The PRZ is also an a major support level.
TP1 0.760 TP2 0.765 SL 0.7479
Please feel free to comment, questions or feedback.
Transaction en cours
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Testing and rejecting @ PRZ. The other thing I forgot to mention is that PRZ is also at the extreme low on the Decending Channel.
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Testing Major Support Area
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Next moves? Provided there are no GAPS on Monday (Aussie open)
Trade fermée: ordre d’arrêt atteint
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Good support level. Being patient with this one
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Wait for a clear break out as the trend is still down ward direction.