EUR-USD Bull Bat to cut wings on Dollar Bull
Well, the dollar looks like it started a Bear Market from the 2016 Top breaking 2016 low. So... lower high, lower low rule and we end up with the EURO Bull.
Here we have a nice Bullish Bat Pattern to spot where the reversal may occur. This will help Gold to get out of this hole.
I bet we could get it early next week to create a nice Weekly Reversal candle and create the Head of the IHS that will propel the Currency to 1.27 area this year. (With ECB help obviously which is trying to keep it low in this Currency War battle.)
Trade Safe !
Here we have a nice Bullish Bat Pattern to spot where the reversal may occur. This will help Gold to get out of this hole.
I bet we could get it early next week to create a nice Weekly Reversal candle and create the Head of the IHS that will propel the Currency to 1.27 area this year. (With ECB help obviously which is trying to keep it low in this Currency War battle.)
Trade Safe !
Note
Weekly Stochastics about the Cross on a super Bearish levels.Here Dollar chart...
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.