EURUSD 3 PATTERNS SET UP IN PLAY
THIS IS AN INTERESTING SET UP, WE HAVE A TRIPLE HEAD, HEAD AND SHOLUDER PATTERN, A GARTLEY PATTERN, AND MOST INTERESTINGLY, MY SO-CALLED STAIRCASE PATTERN. FIND A SIMILAR ONE IN RELATED IDEAS. IT HAS A 61.8 RETRACE THEN A 23.6 PULLBACK, A FURTHER MOVE DOWN TO OPENING PRICE (100% FIB) AND THE A 38.2 RETRACE OR A RETRACE TO PREVIOUS LOW IN THIS CASE.
THE PAIR LOOK STRONGLY BEARISH BUT A MOVE LIKE THIS IS NOT IMPOSSIBLE SO LETS SEE HOW IT PLAYS OUT.
THE PAIR LOOK STRONGLY BEARISH BUT A MOVE LIKE THIS IS NOT IMPOSSIBLE SO LETS SEE HOW IT PLAYS OUT.
Related publications
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.