May it be a bullish butterfly? Or perhaps is this in the making of bullish crab? The price has broken the support at recent LO at X, 1.0544 and now heading towards 1.618 BC projection at 1.0516. The 1.27 XA is located at 1.0490 zone. If this pattern is extended to 1.618 XA (crab), the price will drop for about 100 pips more!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment