Another odd and rare pattern has formed on my chart. This is patterns goes by the name of Bearish total pattern with parameters of 88.6, 61.8, 161.8 & 127.2 respectively. It's telling us that the us dollar could be strong today. There will be news events at 1.30pm gmt daylight. We should expect good news on dollar currency to compliment our pattern.
Also we have technical support too, As you can see from the graph. There are two divergence formed from MACD and RSI.
Good luck and Happy Trading :)
Also we have technical support too, As you can see from the graph. There are two divergence formed from MACD and RSI.
Good luck and Happy Trading :)
