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This chart is a perfect representation of the power of the pitchfork. Amazing..
Today, we had a bull trap and a drop in price breaking the lows. I think that this move should take us to the KS before we can decide on the next move for this pair. Notice that we also have a divergent bar (TS moving up and price breaking lows). Tomorrow, if we break the low of the bar, we should be in a nice trade down.
Good luck
////LIKE THE COMMENTS////
** To get my updates immediately, please make sure you follow me. Sometimes, I update my charts on old charts.
INSERT TEXT IN "GOOGLE TRANSLATE": translate.google.com/
This chart is a perfect representation of the power of the pitchfork. Amazing..
Today, we had a bull trap and a drop in price breaking the lows. I think that this move should take us to the KS before we can decide on the next move for this pair. Notice that we also have a divergent bar (TS moving up and price breaking lows). Tomorrow, if we break the low of the bar, we should be in a nice trade down.
Good luck
Be nice with the likes please