Eurusdshort
Short EURUSD: Double Mountain theoryFrom my humble fully-technical perspective, I see double mountains appearing in a bearish trend for EURUSD. From my fundamental perspective, US Manufacturing PMI was 1 entire point lower than expected but European markets decreased due to new surprise US tariffs on Argentina and Brazil markets. US doesn't abandon trade war, that's why I think EURUSD will form a double constant mountain and then maybe will go up or down, who knows. But in the shortest term possible (10 days) I bet bearish for EURUSD 1.1012-1.1120 (Stop loss)
Rare Diamond pattern; expect selling up to 1.09 level.The pair has formed a diamond pattern, which is very rare. The pattern is favorable for bears. The price can take a break down from the current level or can first move up to 1.10532 before any bearish move. The tp for the trade is at 1.09685. If we get a daily closing below this support, we can look at 1.09 as the next target. For the entire trade setup, the stop loss can be set between 1.10532 – 1.10755 area, preferrable close to the upper level.
eurusd short (big short)in eurusd -0.15% I entered the position after we broke first red line (neck line) there was a double (triple) top on hourly chart. Then I looked daily (chart 1), and I see , a Head and shoulders pattern ( not sure but it can be a libra also) which neck line is show by purple line and also target are shown by purple line also. then I looked the chart weekly and I saw a bigger same pattern (chart 2) and which it targets are shown by the blue lines. I don't to make trade in big time frame but this time I want to test my patience. let's see what will happen next days or weeks or maybe month. :)