Daily AB=CD with rejection pin bar
The pair has made a nice 61.8 pattern with price now at a previous level of strong structural resistance.
Price is in the process of making a reversal pin bar signifying a change of trend.
Couple this with other confluences if so required for a potentially profitable trade. Entry point could be a break out on a minor time frame.
Price is in the process of making a reversal pin bar signifying a change of trend.
Couple this with other confluences if so required for a potentially profitable trade. Entry point could be a break out on a minor time frame.
Comment:
Price made a strong break out.