EURUSD - LONG - BUTTERFLY PATTERN + FALLING WEDGE PATTERN
CONFLUENCE OF A HARMONIC AND FALLING WEDGE PATTTERN
EURUSD HAS RECENTLY CREATED LOWER LOW HOWEVER AS IT IS FORMING A REVERSAL PATTERN - THERE IS A POTENTIAL BUYING ZONE FROM AT THE 3RD BOUNCE OF THE LOWER BOND OF THE WEDGE + D POINT OF THE BUTTERFLY PATTERN
TARGETS ARE BASED ON FIBONACCI CLUSTER OF THE HARMONIC WHICH IS ESSENTIALLY THE TOP OF THE WEDGE AND THE BASE OF THE WEDGE
EURUSD HAS RECENTLY CREATED LOWER LOW HOWEVER AS IT IS FORMING A REVERSAL PATTERN - THERE IS A POTENTIAL BUYING ZONE FROM AT THE 3RD BOUNCE OF THE LOWER BOND OF THE WEDGE + D POINT OF THE BUTTERFLY PATTERN
TARGETS ARE BASED ON FIBONACCI CLUSTER OF THE HARMONIC WHICH IS ESSENTIALLY THE TOP OF THE WEDGE AND THE BASE OF THE WEDGE
Note
I SEE THIS HAPPENING BEFORE THE LONG
Note
TP 1 HIT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.