Hi, I’m very new to this and still learning so any feedback is accepted.
Do you think this is a potential bullish or bearish pattern?
I personally think it’s going to come back to the support line, (previously a resistance line) and bounce to the resistance at the top of the channel.
Please please comment let me know your ideas or if I’m doing something...
On my previous post I stated that there could be a downside movement for this pair. However, there was a large amount of upside movement which looked like it was due to noise or news which has been released. As seen yesterday there was some news released for AUD which may have sparked the current increase in buyers.
I feel that the noise period is over and a...
Still learning but this seems to be a possible bat pattern if all targets are met and X to A hits the 0.886 retracement as shown.
I am still learning so any advice or constructive criticism would be great!