This is a huge pattern with very little risk to go LONG for a huge trend change.
Basicly we had an ABCD corrective move from 2.50.
ABCD is corrective.
We have a trendline backtest.
We also see a huge inverted head and sholder.
Add to that recent dollar weakness.
And this has the making of an extremely high profitable bullish setup.
Cheers!
Filip Allaert
Basicly we had an ABCD corrective move from 2.50.
ABCD is corrective.
We have a trendline backtest.
We also see a huge inverted head and sholder.
Add to that recent dollar weakness.
And this has the making of an extremely high profitable bullish setup.
Cheers!
Filip Allaert