I don’t like this pattern. My scripts would normally consider it to be a bullish pattern (continue bullish when top middle is broken, but it happens more and more that this is a neutral set-up. Aargh!
I would feel mor comforatable when I have lower peaks and declining MA’s as that is pretty reliable to signal a bearish move is uphead (mostly during asian session.
Again a bounce at around 1.09 (number zillion).
Just wanted to share.