Eurusd - H4 timeframe - I see an excellent buying oppurtunity for this pair at current levels. I entered this trade around 1.2380s with stops below 1.2320 and tp 1.26. Decent risk to reward ratio of over 3:1.
We have a triple top created on the EUR with great convergence with the RSI respecting a simple resistance at around 60%. If the triple top plays out and still fits my idea after market opening this evening, there is no reason this pair cannot fall to the 1.21500 supply area and further to 1.20711 support. Although we do have to take into consideration the ...
another chance to get involved this morning comes from EURUSD. Here you can see i've drawn two different harmonic patterns (one Butterfly, one Gartley) which are going to complete at the exact same level.
Two is better than one!
Stops below X, targets at 382 and 618 retracement of AD leg.
If you want to ask questions or share your idea, please comment ...