am going short from here till $2800 with 10x, call me stupid but hey, that's life, no risk no reward obviously not going in with no proper TA, a butterfly pattern where 61.8% fib level is holding and we can see a bear divergence triangle. the target is $2800 is becaeuse that is the price point for the one to one move of the AB-CD, a 1.168% level is at that...
WE SEE A POSSIBLE GARTLEY PATTERN FORMATION AND POSSIBLE TARGET BUY AT FIB 1.618 EXTENSION AND A KEY FIB 65.00, 61.80 FIB ENTRANCEMENT
Gartley pattern is forming and and potential drop from 78.60% fib level and a potential buy target at the 1.272% fib around 108.110. results will be seen next week :)
major resistance around 1.13429 - 1.13490 and possible another pulldown. key FIB level = - 50.00% fib retracement - 150.00 fib extension (key resistance for EUR pairs) we can see a lower price than our target and the reason why I chose higher is to secure a fair amount of pips.
IP3 PATTERN (FIB 50% - 23.6%) FORMED WHERE POSSIBLE FIB 61.8% TARGET AND TWO CONFIRMATION PATTERNS IS FORMING. 1. IP2 - LEVEL 1 38.2% TO 14.6% - TARGET 50.0% FIB 2. WOLF WAVE PATTERN WE ALSO HAVE EURO ZONE SENTIMENT CONSUMER CONFID. FINAL WITH A LOWER FORECAST WHICH CAN TAKE THE PRICE TO FORM WAVE 5 NOTE: WAVE 6 CAN BE EITHER LEVEL 50.0% FIB OR 61.8% FIB
EURCAD formed IP1 retracement on 1h where the target is 50% fib. we, of course, must increase the probability of the up movement and we noticed an IP6 retracement in the minor TF ( 30M). so we going to open a long and our target will be 50%.