Please check out my other post before looking at this:
In contrast with how the harmonic pattern, the pair exhibits a bullish flag. The formation has yet completed and we are in the crossover point. If the price moves up and cross above the upper trendline, the harmonic pattern is broken, close out your short position to secure profit. A bullish flag tend to continue the prevailing trend, which is bullish in our case.
In contrast with how the harmonic pattern, the pair exhibits a bullish flag. The formation has yet completed and we are in the crossover point. If the price moves up and cross above the upper trendline, the harmonic pattern is broken, close out your short position to secure profit. A bullish flag tend to continue the prevailing trend, which is bullish in our case.
Ordre annulé:
Price could not break to the upper trendline. Harmonic pattern continues.
Commentaire:
Price moved up to finish the bullish flag. It came back to rest and is now moving upward. Bull is driving.
Transaction en cours