Price action has once again proved that it works with news. Before the NFP news, price was near the dynamic support of the trendline and as the news broke, there was a sharp rejection to the upside which is normally expected when price meets a support. Drawing my harmonic pattern, i expect price to break through the upper trend line as the overall trend of EU has...
With the NFP news release, the GU has further remained aggressive to the upside after retesting the 50% fib level which was an area of interest for me as that was where i had my support and price bounced upward. On the 15mins TF, we can see price forming a continuation pattern and i look forward to more bulls to dominate the market till the resistance level around...
