Get started
UnknownUnicorn180388

EUR.USD - Bearish Cypher 1.1976 & 1.2091

Short
Euro / U.S. Dollar (FX:EURUSD)  
UnknownUnicorn180388 Updated   
FX:EURUSD   Euro / U.S. Dollar
Harmonic Patterns ukforexsignals EURUSD
133
34
harmonicpatterns ukforexsignals eurusd
Currency pair - EUR.USD
Chart timeframe - Daily
Area of interest - 1.1976 & 1.2091
Chart pattern - Bearish Cypher

Potential target 1 - 1.1815
Potential target 2 - 1.1714
Potential extended target - 1.1658
Comment:
A strong break above the Daily 50 EMA adding additional confluence to the overall bullish outlook.
Comment:
A pullback on the 4hr TF is now expected prior to the next bullish impulse.
Comment:
The pullback is now underway, i expect a bullish impulse into late this week / early next week.
Comment:
Price approaching D leg completion 1.1976
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.