Sell now to complete the Harmonic pattern
A complex pattern is formed when two or more patterns are combined. NZDUSD formed a complex pattern on Higher timeframe. The over all trend analysis is bullish and there is a complete Harmonic pattern and a forming incomplete harmonic pattern. It is expected that the incomplete harmonic pattern is expected to complete at around 0.67900, although there is a major...
Symmetrical Triangle is a trend continuation pattern, combined with Bearish harmonic pattern, the price is expected to breakout shortly after 1.17908 which is a strong support level. This will continue the initial trend that pullback to 50 Fibonacci retracement level. Go short with proper risk management plan.
#GBDUSD# Buy @ 1.30670 SL: 1.29320 TP: 1.34740 From the analysis a bearish harmonic pattern is formed in the shape of W, The price was supposed to go down rather it reversals, which means the end of a previous trend and starts the beginning of a new trend.