EurUsd at the end of the triangle ahead of NFP !!!
The flag pattern is about to come to an end, so I think we have to be ready to engage this pair for the next big move !!!
short position opened SL : 101.14 TP: 102.7 RR ration 1:4
Double candle @ 1.105 on 23.6% fib retracement , now shorting for 61.8%
looking for a short opportunity @ 1.458
Simple fuzy logic if AB=CD then BC=DE :) watch out for 1.11
looks like the euro is pointing for 1.16 in a AB=CD pattern.. what do you think ???
What I see from the daily chart is a head & shoulder pattern formed and shooting for 1.152. Even the RSI indicator is positioned in a bullish mode clearly but lets see what will happen. GOD Bless the Queen :)
patterns followings pattern and meanwhile waiting for FED decision, till then holding the line around 1.11...
Bullish butterfly on eurusd to be comleted @ 1.086 !!!
euro has just touched the 76.4 fib level @1.095 and now looking to shoot higher....
eurusd converging @1.085 in a triangle pattern, watch for the breakout.
One cypher pattern completed and the other ahead.... next target "D" leg of blu pattern @ 1.076 !!!
The bearish pattern completed and now waiting for NFP data to be released. Lets hope the usd wont let us down
Now that the head and shoulder pattern is confirmed and the 1.08 has been broken a bullish butterfly could be the next move on this pair. Still some important decelerating data need to be released from the eurozone !!!
on a 4h chart the eurusd seems to form a head and shoulder pattern with neckline @ 1.081 Head price reached 1.105 a few days ago and touched the diagonal of the triangle formed between 1.49 and 1.054. We have seen the euro rise the last days but I think it wont last for long. Comments and discussions are welcomed !!!
After the great fall of the euro from October it has risen till the 0.764 Fibonacci retracement level and now is forming a bullish Gartley pattern in a 4 hour chart. Target level 0.72 !!!
After last week extra jump of the euro which somehow I predicted in my last idea around 1.057 I think the next moves will be a down trend until 1.07 max 1.065 at 0.236 Fib retracement. This will be the positive scenario and then up again. Anyhow for the pattern to be sure the pair has to break the 1.08 level, a very strong one.