EURUSD CRAB PATTERN
I posted this several weeks ago when the market was trading around 1.3600 We hit the long entry a couple days ago.
I've tried a couple times to buy up the EURUSD and it's been very weak. That happens frequently when you're picking tops and bottoms. The benefit is that you tend to have small losses.
There is a rather wide reversal zone here as outlined in blue. But today's move has been a really nice indication that the move may be coming it a short term end. If the market closed near the high of the days range it will be a good sign.
I've tried a couple times to buy up the EURUSD and it's been very weak. That happens frequently when you're picking tops and bottoms. The benefit is that you tend to have small losses.
There is a rather wide reversal zone here as outlined in blue. But today's move has been a really nice indication that the move may be coming it a short term end. If the market closed near the high of the days range it will be a good sign.
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