Euro / U.S. DollarShort
EURUSD 1 day Bearish Shark & Bearish Deep Crab
Hi all,
That is not investment advice
EURUSD has three pattern two of them are harmonic pattern and one of them is inverted head and shoulders pattern
1. Bearish Shark
0.886XA a.k.a 0.8860B 1.23089
2.0BC a.k.a 2.0 AB 1.23536
2. Deep Crab
price action has already extended 1.618XA and 3.618BC it means that stock is overbought
1.902 is the last barrier 1.22698
3. inverted head and shoulders
Price action has already extended 1.618 line it means that stock is overtbought
Neckline 1.19177
Handle target 1.209
Cup target 1.22329
Conclusion
Between 1.20528 (1.618) and (1.23536AB) (green cycle) is Potential Reversal Zone. that is overbought area
Shark and Deep Crab are extremely powerful harmonic pattern it means that dramatically sharp reversal from Potential Reversal Zone
Trade with care
Harmonic Trader.
That is not investment advice
EURUSD has three pattern two of them are harmonic pattern and one of them is inverted head and shoulders pattern
1. Bearish Shark
0.886XA a.k.a 0.8860B 1.23089
2.0BC a.k.a 2.0 AB 1.23536
2. Deep Crab
price action has already extended 1.618XA and 3.618BC it means that stock is overbought
1.902 is the last barrier 1.22698
3. inverted head and shoulders
Price action has already extended 1.618 line it means that stock is overtbought
Neckline 1.19177
Handle target 1.209
Cup target 1.22329
Conclusion
Between 1.20528 (1.618) and (1.23536AB) (green cycle) is Potential Reversal Zone. that is overbought area
Shark and Deep Crab are extremely powerful harmonic pattern it means that dramatically sharp reversal from Potential Reversal Zone
Trade with care
Harmonic Trader.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.