


CHART TIMEFRAME: H4 INDICATORS : MM LINES AND EMA WAIT FOR THE BREAK BELOW THE CONSOLIDATION AREA
Murrey Math Reverse and Bearish White Swan as described in the chart Risk / Reward Ratio 2.72
After completing Bearish Black Swan as we have published, retested the bottom. Price ended the week above EMA 50 Double Bottom Neckline is the first target.
We see a clear Cup with Handle formation on the H1 Chart. The formation would be completed with the close above the line – 9.550- The structural target of the formation is the depth of the cup. 10.500 – 10.600 The first Target level is the weak resistance @ 10.000 Good Luck
Break Below Fibonacci Retracement 38.2 of XC 0.89150 Price may test Fibonacci 78.60 at 0.88680 to complete Bullish Cypher Long at 0.88680
As described in the chart
R/R Ratio 2.70 Worth to try
Price is below EMA 50 AND 100 RSI Bearish Target Fibonacci 78.6 retracement
As described in the chart Harmonic trading
The focus for the pair was on the ECB’s policy decision at 1245 GMT. The central bank is all but certain to keep policy unchanged but may tweak its communication stance to offer at least a few clues about its progress toward ending its unprecedented bond purchases later this year. Technically: EURUSD is trading at 1.24058 as of writing. The trend on the longer...
Price is above EMA 50. Reversed from support region
As described in the chart. Need to wait for the break below. If fails to break below, Bearish Crab is likely to be completed.
As described in the chart
As described in the chart
As described in the chart
As described in the chart
Target Fibo 61.80 1.39300