glennmercer

EURUSD SHORT: 5-0 PATTERN

Short
glennmercer Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD will have completed a 5-0 pattern after a 50% retracement of BC. The highest probability target will be around the end of the BC leg. Second and third targets may be placed at daily and weekly pivots, which coincide nicely with 1.272 and 1.618 extensions.
Trade closed: target reached:
T3 Achieved: +292 Pips

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