Not much to say with this... I'm neutral until price decides what it wants to do. I can see potential paths to either direction, bullish continuation after the "tea cup" pattern or bearish continuation after the recent trendline break. So, in this case I sit and wait for the winner and trade it appropriately based off the price action...easy peasy. If the bulls take over I'll be looking for a break and retest of the upper trendline. if the bears win I'll wait for a break and retest of the recent support zone. Pips to be made no matter which way it goes :)
Comment:
Price taking the bull route. Perfect break and retest!
Comment:
Cruising nicely... Check the Cypher pattern I'm watching now.
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