Look to that edge, the recovery of the price after this down movement it formed a nice Bearish Bat pattern, and I believe this is going to take the price down once again just follow it, we have almost all of the confirmations sign to get into the trade, we just always have to wait for the confirmations.
The price right now it's testing the PRZ and also this Resistance zone, we should just to be patient so we can be sure if trade it or not.
1. Harmonic Pattern Completion - Done;
2. PRZ Hit - Done;
3. PRZ Test - In the process;
3. Terminal Bar - Done;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. RSI Reversal Sign - Waiting;
7. RSI Confirmation Sign - Waiting;
8. Risk Management - Applied;
9. Risk / Reward - 1/3.
" By day the Lord directs his love,
at night his song is with me
a prayer to the God of my life."
Psalms 42:8
The price right now it's testing the PRZ and also this Resistance zone, we should just to be patient so we can be sure if trade it or not.
1. Harmonic Pattern Completion - Done;
2. PRZ Hit - Done;
3. PRZ Test - In the process;
3. Terminal Bar - Done;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. RSI Reversal Sign - Waiting;
7. RSI Confirmation Sign - Waiting;
8. Risk Management - Applied;
9. Risk / Reward - 1/3.
" By day the Lord directs his love,
at night his song is with me
a prayer to the God of my life."
Psalms 42:8