Trader-VincentH

EURUSD : 3 Plans before ECB meeting minutes

FX:EURUSD   Euro / U.S. Dollar
On Daily chart , price came to 1.1833 again which was the 38.2% RET of previous drop .Besides there is a bearish gartley pattern right over there, a hard bone to take for buyers.

Let's check some important levels in 2 sinarios:
Going Up
TPs can be set to 1.1880 and 1.19 extention prices. 1.2045 is the ultimate extension level of the triangle move from bullish D 1.1670.
Going down:
Tps can be set to 1.1767 and 1.1660.Futher downside if break 1.1660.

Therefore 3 plans for reference:
1 Set up right now near 1.1833 and set Tps accordingly
2 Buy dip if price can't break 1.1660
3 Sell high above 1.1880

Trade cautiously and take care of your profit.
Comment:

Further down
Trade closed: target reached
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