Some will call this a Bullish Cipher while others might call it a shark Pattern, but i call it great profits. This bullish movement was predicted along with other indicators in mind. lower low in price and higher highs on RSI bringing hidden divergence to justice, which was trying to tell us to be ready for a reversal. support zone, custom EMA and other factors....
There is always a lot of information that a chart can tell you. When I look at this chart, I see a bullish movement to C or a little bit beyond it, forming a head and shoulder pattern. Then a Bearish movement from C to D which will at that point form a Gartley pattern. From D , I predict a bullish movement that will either stop at A or break the...
Support and Resistance, Price action, RSI, Fibo etc.. was used to determine this perfect or almost perfect shark pattern. I predict a buy from D at this point to a TP 1.09550 or even above it. Let meknow what you think. Please follow if you want to be notified when i post patterns like this in the future.
After analyzing the movement of this trend from the beginning of C to D and a complete formation of a shark pattern forming at a key level of resistance and also by the use of a custom stochastic and price action strategy, I predict a SELL on this pair. Stop loss should be above the resistance zone. Tp1 1.10939 and Tp2 1.10677 and Tp3 where C is.