A bearish crab pattern may emerge and complete at 0.9240 for a shorting opportunity.
On the other hand, traders who are looking at the 4-hourly chart might have a different view. A bullish bat pattern.
This is why it is very important to follow your trade plan and stay out of the trade if you aren't certain.
I'll be checking the candle formation on Monday morning for a 3-bar reversal for a buying opportunity within the Bullish Parallel Channel and I will observe how the market will react at Point D of the Crab Pattern.
On the other hand, traders who are looking at the 4-hourly chart might have a different view. A bullish bat pattern.
This is why it is very important to follow your trade plan and stay out of the trade if you aren't certain.
I'll be checking the candle formation on Monday morning for a 3-bar reversal for a buying opportunity within the Bullish Parallel Channel and I will observe how the market will react at Point D of the Crab Pattern.
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🏦 Qualify Junior Analyst within 90days
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discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.