Bearish Harami didnot get any confirmation today and the fact that price-action didnot make any attempt to even fill the 5844-5854 gap indicated that bulls are not yet tired.
To me the most important price-action patterns are depicted by following chart:
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On smaller degrees of Hour charts & below, a dip of 100 points looks highly probable to cool off Hourly indicaters and a harmonic pattern BAT can be seen as a probability to take us to 5800:
.png)
But this Bat should be seen as getting activated only below 5868
From 5800 levels again a bounce upto 5945-5970 cannot be ruled out.
To me the most important price-action patterns are depicted by following chart:
.png)
.png)
From 5800 levels again a bounce upto 5945-5970 cannot be ruled out.
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