EURUSD daily - possible 3 drive pattern
Updated
Hello.
As of my previous analysis on eurusd on Friday, the marked showed that 1.1420 is not available for the time being; so we can expect a bullish move on the pair to reach 1.1520 and 1.1540 levels, then the corrective wave will happen.
If this scenario is going to happen, you can expect another bullish move after the corrective as I showed on the chart.
the 3 drive pattern is in convergence with a nen-star pattern on 4h time frame. (in my previous analysis I assumed it would be a shark pattern but in this case, we can expect the nen-star pattern will happen)
As of my previous analysis on eurusd on Friday, the marked showed that 1.1420 is not available for the time being; so we can expect a bullish move on the pair to reach 1.1520 and 1.1540 levels, then the corrective wave will happen.
If this scenario is going to happen, you can expect another bullish move after the corrective as I showed on the chart.
the 3 drive pattern is in convergence with a nen-star pattern on 4h time frame. (in my previous analysis I assumed it would be a shark pattern but in this case, we can expect the nen-star pattern will happen)
Trade closed: stop reached
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