Hello traders i hope you are having a good trading week! Let's see the two advanced harmonic patterns we have on EURUSD pair on 1H time frame! We have a bullish Gartley pattern and a bullish Bat pattern.
TECHNICAL OBSERVATIONS 1.We have Stochastics in the oversold area preparing for a bounce on multiple timeframes. 2.This pair was in an uptrend before the latest consolidation so a long trade is favored as we have not sign of a strong reversal. 3.The 2 advanced patterns coincide with previous reistsance created by the price action.
POSSIBLE LONG TRADES BULLISH GARTLEY: ENTRY PRICE AT 1.16700 FIRST TARGET T1 AT 1.17270 SECOND TARGET T2 AT 1.17620 STOP LOSS AT 1.16320
BULLISH BAT: ENTRY PRICE AT 1.16500 FIRST TARGET T1 AT 1.17120 SECOND TARGET T2 AT 1.17500 STOP LOSS AT 1.16230
THANK YOU FOR FOLLOWING AND SUPPORT! KEEP FOLLOWING FOR MORE PROFITS! HAPPY TRADING TO ALL!
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