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...
today i want to show you an opportunity that i will be looking to over the next few days.
As you can see in the chart, euro has reached new lows last week, breaking the strong daily resistance that held for a long time. Now price is retesting the resistance level (that could become support) in confluence with a 382 Fibonacci retracement.
In the next...
Good morning traders,
I trust you are all enjoying your time off, whilst I have some time I decided to do another eur/$ chart, as most of you already know my incredible bearish outlook on the pair still stands;
The bearish break looks similar to that found in August 2015 suggesting a move toward the trend lows at 1.052xx
The ECB appears to be on hold for now...
the stage is set....
do not be fooled into thinking otherwise, eu is getting smoked
brexit, italian loans, immigration dirving a wege in unity
negative rates stimulus
not a single reason going for the euro
gl and see you bears at the beach club