Tendency: Temporary bullish, then bearish.
The price might be forming an ABCD pattern
A strong push to the upside might indicate the price is moving to the 61.8% retracement level
A double bottom also formed indicating a reversal to the upside
The price might also be forming a Gartley pattern
The price might be forming an ABCD pattern
A strong push to the upside might indicate the price is moving to the 61.8% retracement level
A double bottom also formed indicating a reversal to the upside
The price might also be forming a Gartley pattern
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