Bearish Gartley pattern projection emerges and bull divergence is present. There is a possibility that the price retest support at 112.30 before rising.
Watching H1 chart for an entry setup…
Watching H1 chart for an entry setup…
Note
Correction for PRZ on H4 chart (112.92 - 110.97), so the bearish Gartley projection will be still valid while price is above 110.97 (point C, not shown)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.
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.