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Higher TF Short, Lower TF Long
Euro / U.S. Dollar
Short
Higher TF Short, Lower TF Long
By BnK_Sniper
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Oct 2, 2017
4
Cheer
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Oct 2, 2017
W/ the Monthly candle closing bearish engulfing suggests we can anticipate a retracement of the rally the Euro has seen against the dollar
On the Daily TF we can see the formation of a Head and Shoulders pattern beginning to form the right shoulder
On the 8H TF we can see price has almost formed a Bullish bat as it gets closer to 88.6 Fib level
Will be monitoring Price Action @ 1.17 price to see if we get a Bullish set up
If we do see a push back to upside we can see targets @ 1.191
From there we will be looking for Lower Lows and for price to show a trend reversal to the downside
Chart Patterns
EURUSD
Fibonacci Retracement
Harmonic Patterns
harmonictraders
marketstructure
timefame
Trend Analysis
trendreversal
BnK_Sniper
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