EUR up to 1.1623 then down to ~1.1560
Greetings guys,
So, yesterday market has touched our 1.15 support area and neckline of 4H H&S pattern that we've talked recently and still keep in focus.
Now it's time to talk on upside perspectives. Following the harmony of the pattern, upside action should reach 1.17-1.1730 area.
Our butterfly has worked perfectly and market turns up. Now, on 1H we're watching for minor reverse H&S pattern, with upside continuation to 1.1622 Fib resistance first and
drop to 1.1560 - 5/8 Fib support second.
So, yesterday market has touched our 1.15 support area and neckline of 4H H&S pattern that we've talked recently and still keep in focus.
Now it's time to talk on upside perspectives. Following the harmony of the pattern, upside action should reach 1.17-1.1730 area.
Our butterfly has worked perfectly and market turns up. Now, on 1H we're watching for minor reverse H&S pattern, with upside continuation to 1.1622 Fib resistance first and
drop to 1.1560 - 5/8 Fib support second.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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