A peanut has been made on down trend in H1, also on Daily, which is also a symmetrical triangle. Theory says that pair may do down to Fib extension level, 1287....
I have combined some major patterns such as Harmonic, Fibanochi, Support, RSI, the only thing is a Reversal Candle to appear at D......
EURUSD is making flag, I think it will go down... what do you think?
Although it is not a perfect Idea of Bullish Bat, it may be a close one....
Bullish pennants, just like its name suggests, signals that bulls are about to go a-chargin’ again. This means that the sharp climb in price would resume after that brief period of consolidation, when bulls gather enough energy to take the price higher again Read more: www.babypips.com
The pair has completed almost 61% Retracement on Weekly Chart, and heading towards 1.1200 in few months or so....
I think so....
This is a perfect example of Bullish Butterfly Pattern, D is coming on bot,h upward and downward, trends....
The pair has formed a double Doji on a daily chart at 1.3500, a psychological level, lower border of a downward channel and on an upward trend line. RSI is in oversold Zone
Spikes give reversal and trend mounting signals you can't ignore BUT choose a suitable time frame, min H4
TRADE AT YOUR OWN RISK...
I see 1360 at the end of next week or so. 1360 is next Resistance and Sell Zone. I will sell at 1360 with SL 1370 and TP 1200,
1. Left shoulder and Head is complete, Right shoulder is in formation, 2. A doji formed on top. 3. RSI figure shows that Pair is overbought. Bull are tired and ready to take profit before rate decision and FOMC.