EURUSD: Possible entry at the AB=CD completion
Updated
Hi traders,
On the EURUSD we have a potential AB=CD pattern forming. The completion of this pattern usually causes a retracement.
Entry: 1.05234
Stop: 1.04812
Target: 1.06187 = R:RR 2.26
Good luck traders! I will be updating this chart as time progresses.
On the EURUSD we have a potential AB=CD pattern forming. The completion of this pattern usually causes a retracement.
Entry: 1.05234
Stop: 1.04812
Target: 1.06187 = R:RR 2.26
Good luck traders! I will be updating this chart as time progresses.
Note
Took half profit. Moved stop to to 1.05100. Expecting a further move upwards.Note
Expected price movementNote
Stop moved to 1.05500Trade closed: stop reached
Good profit overall.
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