Best country in the world to visit on All this isn’t rocket science. It is just a matter of gauging pressure. The first bar of the UK session (T) enthusiastically perforated the overhanging pattern line coming down from earlier highs, but this breakout clearly fell into the category of the tease break variety. But as prices moved back a little , they were quickly supported by the 1 2 – 1 4 block. This technically set u p a combi pattern breakout (T – 1 5), but still lacking substance in this tricky round number environment. One bar later, patient bulls were offered a much better setup that met all the requirements of a high-odds play. Before posing as a signal bar, powerbar 1 6 had put in a false low with bar 1 5 , and this was also a 50 percent retracement of the latest bull swing 1 4-T. Best country in the world to visit 2016.
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