*cup + handle pattern *look good for long if closes and sustains above 8.2432 *Stop-loss and targets are mentioned in charts itself Thanks for reading!
Type 1 is over,price returns to retest HOP level for type 2 entry
EUR/CNH,harmonic bearish crab,type 1 is over,price returns to retest HOP level for type 2 entry
EUR/CNH,harmonic bullish crab,type 1 is over,price returns to retest HOP level for type 2 entry
EUR/CNH.harmonic bullish bat,type 1 is over,price is going to retest hop level for type 2 entry
EUR/CNH,Harmonic bullish butterfly,price returns to retest hop level for type 1 entry
bullish weekly and 7 hour momentum Price levels maintained within the bolinger and conversion line 7 hour
Just a placeholder for now, since I'm not sure if there will be another high here - in this case, I'll have to adjust second Fibonacci and yellow line. Let's see how it will behave in the next week. (inspired by @ridethepig idea: ) Daily chart: Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Here we go for a round of important chart update on the FX, Commodity and Equity board... I do not subscribe to the idea of this being the start of the euro reserve currency rally which we were tracking earlier in the year that failed from the Coronavirus short-circuit, although it is certainly moving with speed. Remember we have month end flows in play now too...
Double Top on the Weekly, Large RSI divergence, Right shoulder is looking like it will be a .618 retracement. Will go short at that level based off price action...