Eur_usd
Bearish Gartley pattern (4H) EUR/USDThe Gartley pattern is the most common harmonic chart pattern. Harmonic patterns operate on the premise that Fibonacci sequences can be used to build geometric structures, such as breakouts and retracements, in prices. The Fibonacci ratio is common in nature and has become a popular area of focus among technical analysts that use tools like Fibonacci retracements, extensions, fans, clusters, and time zones.
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looking to going short as the gartley pattern is showing, the TP 1 will be the 38% of the retracement AD , and TP 2 will be the 61% retracement AD , SL will be the X point.
EUR/USD - Joe Biden will kill the UptrendFundamentals - Joe Biden is going BIG on stimulus and US yields are spiking alongside inflation expectations
Technicals - The weekly chart has posted a confirmed 'shooting star' reversal - and with today's breakdown is now pointing to a more bearish 'evening star' reversal.
The 4h chart shows the short term uptrend has broken - and a new downtrend is opening up.
EUR/USD berpeluang bearish reversal menyentuh support 1.18918EUR/USD berpeluang bearish reversal menyentuh support 1.18918.
EUR/USD sempat menguji level resistance pada 1.19261, harga berpotensi breakout dan membentuk garis support baru atau akan mengalami pembalikkan trend bearish menembus level Fibonacci Retracement 0.236 dan menguji suppport trendline di 1.18918.