EURUSD is moving on the rising channel on the weekly chart . It is on the corrective phase. On the short term (Green wedge) it is moving on the descending wedge which may find support close to 1.2075 Level. If that level hold,then we can expect a move to the upside and break out of descending wedge. As Descending wedges a bullish breakout patterns i think...
There is high possiblity BTC would break out towards up . With the price consolidation and narrowing into the triangle it is highly possible BTC will break the triangle soon. I would place my limit orders above the triangle break out points with the above mentioned targets
It seems that this pair is forming a cup and handle shape. Wait till the market complete it's formation. Pattern is valid only if the market break above 1.3270. So better to wait till the H1/H4 candle close above that level to place the entry. If not patter will invalid
Gartly Bearish Pattern is still in motion with another possible 30-40 pips as the Target 1, which would be at 1.3282. Target 2 : 1.3211 For a Quick Profit simply take the exit at the support lvl at 1.3302