Hi traders,
On the EURUSD we have a potential AB=CD pattern forming. The completion of this pattern usually causes a retracement.
Entry: 1.05234
Stop: 1.04812
Target: 1.06187 = R:RR 2.26
Good luck traders! I will be updating this chart as time progresses.
On the EURUSD we have a potential AB=CD pattern forming. The completion of this pattern usually causes a retracement.
Entry: 1.05234
Stop: 1.04812
Target: 1.06187 = R:RR 2.26
Good luck traders! I will be updating this chart as time progresses.
Note
Took half profit. Moved stop to to 1.05100. Expecting a further move upwards.Note
Expected price movementNote
Stop moved to 1.05500Trade closed: stop reached
Good profit overall.
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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.