Hello trader, as you can see we're going to complete the right shoulder, on the black Fibonacci level around 1.14000. If the resistence is confirmed, we can go short looking for the first target around 1.12000, but I expect a downtrend until the red support at 1.05203. Wait for the confirmation on multiple timeframes and always use Stop Loss. Good trade!
Hello traders, looking at my analisis, you can crearly see a "Double head-shoulders" pattern, with the right shoulder going to be completed. You can also see the Andrew's Pitchfork with target at the red bottom support, 1.05203. If the price breaks the two blue supports, the pattern is confirmied and I expect a downtrend inside the channel, to the black Fibonacci...
EUR/USD ABCD Bullish pattern Hello traders, this is my first idea. Looking at my analysis, you can see that the A leg seems to be completed, touching the B point on the black Fibonacci level at 1.09401. We'll wait for the retracement on the C point, at 1.08704, to boy long, looking for the point D on the next Fibonacci level. Wait for the confirmation on...