Although the bearish ABCD (blue) on H4 chart is still valid, the bearish Gartley projection on this chart, may add some pressure to this pair.
Don´t forget about the divergences (Sto 13,3,5) on D1 and H4 charts warning about a possible uptrend beginning.
The ABCD pattern on chart H4 can be break and project a 5-0 pattern (more bullish in short term) .
See links below for more info on higher TF’s.
Don´t forget about the divergences (Sto 13,3,5) on D1 and H4 charts warning about a possible uptrend beginning.
The ABCD pattern on chart H4 can be break and project a 5-0 pattern (more bullish in short term) .
See links below for more info on higher TF’s.
