Price is putting pressure at a long term key level and n the next week we might see a breakout above this level. If we see the breakout, price will rally until starting a correction at the completion of a bearish bat pattern. I don't recommend trading this pattern as we might see price going beyond its D point.
If price break the long term resistance level, i will personally wait for a correction before going long. If a setup is about to complete i will update this idea.
Long term level:
Like and comment if you agree..
Regards,
John
If price break the long term resistance level, i will personally wait for a correction before going long. If a setup is about to complete i will update this idea.
Long term level:
Like and comment if you agree..
Regards,
John
