I see that the pair reacted to the resistance zone at around 1.2570/85
Pattern Identification
There is no Harmonic Pattern forming this moment.
However there could be a classical bearish flag pattern to indicate a continuation pattern down lower.
Trade execution
Possible to take a short as the price retraces higher. Potentially at the top of the flag.
Pattern Identification
There is no Harmonic Pattern forming this moment.
However there could be a classical bearish flag pattern to indicate a continuation pattern down lower.
Trade execution
Possible to take a short as the price retraces higher. Potentially at the top of the flag.
