nice trade on EURUSD with a bullish prediction to ride.
Good cypher with everything ending well at just 78.6% retracement.
but due to the fact that the AB=CD pattern ends deeper close to the 88.6%, i had to a bit extend the entry
looking at the chat, RSI is oversold already, ready to be bought with a divergence and market hitting target
PRZ is area of reversal in the big zone with the first one at 78.6% and second around 88.6%, so make a choice
risk to reward ratio could be adjusted to suit you
good luck and nice trade
Good cypher with everything ending well at just 78.6% retracement.
but due to the fact that the AB=CD pattern ends deeper close to the 88.6%, i had to a bit extend the entry
looking at the chat, RSI is oversold already, ready to be bought with a divergence and market hitting target
PRZ is area of reversal in the big zone with the first one at 78.6% and second around 88.6%, so make a choice
risk to reward ratio could be adjusted to suit you
good luck and nice trade
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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.