EURUSD: Potential bearish AB=CD pattern
Hi traders,
On the EURUSD hourly timeframe we can see a nice potential AB=CD pattern taking shape. The completion is near the 61.8% Fibonacci retracement of the big downwards move.
Entry: 1.05974
Stop: 1.06222
Target: 1.05465 = R:RR 2.05
Good luck traders!
On the EURUSD hourly timeframe we can see a nice potential AB=CD pattern taking shape. The completion is near the 61.8% Fibonacci retracement of the big downwards move.
Entry: 1.05974
Stop: 1.06222
Target: 1.05465 = R:RR 2.05
Good luck traders!
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Related publications
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.