Euro / U.S. DollarShort
EUR/USD UPDATE, PRICE ACTION, ENTRY POINTS
In this update, you can also see I have mapped out possible double bottoms and tops which have been in sync with the pitchfork. I have shown another harmonic structure with the help of fibs, from point B to C is the target in order to short as I believe EUR/USD is currently retracing. Once the breakout occurs, the target would need to pullout towards point C in order to complete the pattern in which my first target would be 1.2555.
Current point: 1.13000
Opening point: 1.13500
Current point: 1.13000
Opening point: 1.13500
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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.