EUR/USD still over all bias is bullish on a higher time frame. I have a mark up on this pair weeks ago, my elliot wave projection. Still projecting a cypher pattern before resuming to the downside, As of now market tested the major half making it as a support. Inverted head and shoulders on a higher frame, and a 61.8 rejection. My targets would be a 1-1 move to...
Price broke structure and trendline, Now its making a retest. My targets at .85290 for a very conservative target. Gartley pattern presend also as c leg rejects at 78.6 fibs.
If price fails to break my baseline, I will look into long till 1.32500. with the confluence of, Gartley, rejecting at daily support and closing above, break of bearish channel. If price prints above 1.31250 range this would confirm the long move TILL THE 1.32500 range.
EUR/USD Over all Direction is Long. Wave C projection, Bearish Cypher, Inverted head and shoulders also rejecting at 61.8 Fib retracement. If price printing above my baseline and a failure to print below 61.8 zone. will suggest that price will go further and finish the Bearish Cypher Projection.