ParmSN

ParmSN

Clean and simple view of EURUSD, 4H trendline broken, retested too

ParmSN

From a technical perspective, the inverse head and shoulders pattern has broken the neckline. With a possibility of a pullback to the neckline, that should create an opportunity to enter long. The technical target would be $71,000 which correlates with a previous resistance zone

ParmSN

Price spiked into an area created by a gap many months ago, now that this has been filled and price is showing as overbought, we should see a releif from the rally it's had recently at which point trend is likely to continue. For now, its short as bears will soon be taking over

ParmSN

bull flag playing out, respecting trendlines with a trend continuation and a long term possibility to 0.90000 monthly level

ParmSN

we've had a break of a daily pattern which coincides with the monthly key level, looking for retest out of todays daily area of interest and watch candlesticks for the entry short, target one and two are the monthly levels. Watch for reversals and/or price to 'breathe' around the weekly support on the way down once this trade is validated

ParmSN

monthly downtrend, fibs showing a 61.8 pullback and d matches this daily abcd too with monthly key levels