EURUSD quick AB=CD pattern

By 11021992
Updated
Hi traders,

On the EURUSD we can see price dropping towards the completion of this AB=CD pattern. I'm expecting a correction towards the 38.2% FIbonacci retracement of this move, which is my target.

Entry: 1.04426
Stop: 1.04093
Target: 1.04976 = R:RR 1.65

Good luck guys! Updates will follow as always.
Trade closed: stop reached
Destroyed.
AB=CDEURUSDLONG

Related publications

Disclaimer