Structuraly speaking, the pivot point is to be watched very closely.
I am assuming a rising-demand that would prevail over supply.
$0.70 level maintained.
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Here we got another one of the infamous harmonic patterns with trend on the 4hr timeframe. This pair have been a little choppy the past weeks, so look out for how the price action is going to behave. We need an over sold RSI and a good retracement. Since this is a with short term trend we got 2 targets, i recommend to close half position at target 1, move stop to...
Here we got a potential Bearish Cypher pattern about to complete on this sideways / uptrend madness that nobody wants to trade, but thats what patterns do best! Lets look out for the RSI to go over bought and then we sell like there is no day tomorrow! =D
The offer on an entry to the Advanced pattern trading room here on TradingView is still open so please PM me...
