In H4 time frame the price is close to downward trend line and we are observing BAT pattern simultaneously. Based on slow correction the time will be fulfilled up to Jan. 14th and we will expect to have the price dropped in the pair if a negative hidden divergence happened.
[B]eur usd[/B]
time daily - pattern: ab=cd
eur usd
We can see an ab=cd harmonic pattern in the H1 TF. We expect a decline for
the price if supply pressure shows up. This comment would be violated if 1.3460 level being broken above.
Forex Market Technical Analyze by Fexmarket.com
be aware of the changes and have the ability to be included in these, can be the difference between winning or losing money
World equity markets kicked off 2014 with a whimper on Thursday as slightly disappointing Chinese manufacturing data triggered some profit-taking, and oil prices were lower as Libya prepared to reopen a major oilfield.