EURUSD Currently the price is in resistance and for correction it will
move downwards to support @1.17900 - 1.17950 ...wait for price confirmation and GO LONG..
Take profit 1 @ 1.18800
Take profit 2 @ 1.19450
it can go downwards upto @ 1.17250 and GO LONG ..
Take profit @ 1.18050.
Exercise patience here please, for validation
0.786 B point retracement of the XA leg, which our pattern requires.
potential reversal zone will be defined after reaching 1.19069, which then completes our AB=CD.
Our harmonic resistance will be above 1.19100 area
The head and shoulder pattern is forming and also going from the major zone so i'm expecting that EU will go down, my bias for EURUSD is SHORT.
Do give a thumbs up if you like the analysis an also tell me if i made any mistake in the comment section, THANK YOU
Welcome Back traders! Euraud providing us Good short opportunity 💪🏻Price has broke 4Hr channel and had a retest at week closing.Highly Recommend to take this trade.please feel free to Message me for profitable trades and account growth. Thank you
Hello Traders, Hope you are all doing well. EURUSD has come to all time high since last month. So my potential trade for this week would be sell side with SL of 40 pips from current price. Good R:R 1:3.5