EU trade idea- ABCD pattern
Looking at current EU movement, I am seeing a ABCD pattern formation in progress.B point was approx a 61.8 retracement and stochRSI is approaching the oversold zone.
SL is point C and TP will be point D. Also EU trend has been a strong bearish movements since long time. I will open this trade when the market opens next week.
SL is point C and TP will be point D. Also EU trend has been a strong bearish movements since long time. I will open this trade when the market opens next week.
Trade active
Trade closed manually
closed at 1.03521
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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.