EURUSD Long - The Fed Scenario The Fed Scenario
R4 1.3650 R3 1.3000 - R2 1.2400 - R1 - 1.1800
Pivot: 1.12000
S1 - 1.11000 - S2- 1.0500 -S3 1.0950 - S4 1.0900
Eursusd
EURUSD 4 H ShortEur Usd 4H
Resistance : 1.1130 - 1.1150 -1.1180 -1.1200 - 1.1220
Support: 1.1130 - 1.1120 - 1.1110 - 1.1090
This is not investment advice
Future downtrend of EURUSDThe market has made a consolidation and it is highly possible that price continue going down.
EURUSD Two Possible Scenarios For The Upcoming WeekPrice in EURUSD tests the lower parallel of a long term channel where we should have some action in the upcomig week. If it breaks above the wedge it's moving in, we should wait for a correction and a buy setup. Otherwise if we have a breakout below the parallel, we look for sell setups. I will update when either scenario happens.
EURUSD Bearish Cypher Patten CompletionEURUSD is in a corrective structure with price moving up and down for the past days. We now a have a bearish cypher pattern completion with its D point in a key resistance zone. We target for 0.382 and 0.618 of the CD wave.. If price retraces more we should have a bullish gartley pattern completion
Stoploss and profit targets as shown at the chart.
