EURUSD Short
Updated
MACD Divergence shows momentum exhaustion and trend line for confirmation.
Harmonic pattern similar to bearish butterfly is noticed before the ranging.
Daily shows a significant fib retracement which could prove me wrong if price extends to reach it.
Harmonic pattern similar to bearish butterfly is noticed before the ranging.
Daily shows a significant fib retracement which could prove me wrong if price extends to reach it.
Trade active
Trade closed: stop reached
Still learning quality entry points. This is a good case study for why confirmations of direction are important.I will analyse this more on my own.
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