Pattern(s): Double Top/XABCD Harmonic Bullish Bat
The kiwi is still set to head lower with price continuing to make lower-lows and lower-highs. Last week, price formed a Double Top followed by the Harmonic XABCD Bullish Bat completing at the top of the up move. This indicated that the buyers were losing their strength and the sellers were in control.
The kiwi is still set to head lower with price continuing to make lower-lows and lower-highs. Last week, price formed a Double Top followed by the Harmonic XABCD Bullish Bat completing at the top of the up move. This indicated that the buyers were losing their strength and the sellers were in control.