Short

EURUSD - Key Area. Will the rally fail?

Updated

Completed a small Gartley pattern on Friday, now we look for a rally to see if it's going to fail around the 1.0853-1.0880 area.

There are bigger TF patterns that take it a lot lower with the first one down below 1.0600 and larger pattern below 1.0300.

A move above 1.0950 could send it towards 1.1100 and even 1.1300.
That's why this week is so critical to where we head next.

I will post the weekly AI to see if we can find a CIT Window.

Enjoy the week.

Note

Key times to watch as we go through the week. These points can be highs or lows. It's just a time thing.

Note

EURUSD has broken lower to the next levels. I will look for set ups on Monday morning after US Data. Watching the DXY for more clues.

Enjoy the weekend.

Note

The EURUSD has just completed another pattern with bigger potential upside targets. The DXY has also completed the pattern as well. We look to see how the next couple of days goes to see if we are Bullish or Bearish..

L_F

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