these are the movements that we could expect during the whole week, some purchases and sales before to continue the bull trend
Somewhat ambitious analysis, we expect the ABCD pattern of the last bearish movement that coincides between the 0.7886 and 0.886 level of the first XA impulse, after the strong resistance, the bullish movement is expected to reach levels 0.382 and 0.618 of AD, being the most likely 0.382
Because the price didn't respect the formation of the Cypher and Gartley patterns a new pattern is being configured, from which we had a first reaction of the price to its support area, we will only wait for the deceleration of its speed and the retest of the price reversal zone