hi all
as usuall news and foun. negate the technical,but there is no reason to be worried or stepped out.as u can see we had a nice sell setup in gbp(also in all majors)but NFP ........
harmonic patterns are counter trend trading style but it happens many time that the trend is too powerfull and PRZ cant prevent the price movement so what we should do, step out?!
of course no, go with the trend.as i said many times PRZ is high proable zone for reversal and when a PRZ fails it shows the power of trend,by the way.
this pic shows everything .we can see the same scenario in other pairs too.
