hey guys,
on euro dollar on a 4h chart we have a nice completed bearish abcd pattern.
as the market touched 1.137 level we see an immediate rejection.
now, the market may potentially go even lower.
I will be waiting for a bearish violation of a neckline for a confirmation.
1.1285 is the initial target for this trade, however, you can base it on the market low.
good luck
Note
update for a pattern Note
Still in consolation
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
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.