eurusd looks like it will form this combination of harmonic patt
pattern
the tiny bearish gartley or bearish bat will make the trend change(because it formed the top of a bigger harmonic) so price will form unto the target which is the pink rectangle
in order to form a big bullish bat
the tiny bearish gartley or bearish bat will make the trend change(because it formed the top of a bigger harmonic) so price will form unto the target which is the pink rectangle
in order to form a big bullish bat
Note
wait for a confirmation before shorting (a 1h bearish engulfing or a inside bar breakdown, or a shooting star, etc)Note
Personally i am waiting for the stochastic to cross, because it is at a crucial point (below a resistance). and there is a big divergence alsoand if price can engulf the last bullish candle this is perfect entry, I think
Note
youtube.com/watch?v=7Q2BvZWn-bUput the english subtitles
Note
Note
break even hittedwill surely reenter soon
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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.