ab=cd pattern near Resistance line,so we can try to short.
The euro is still in a consolidation phase. The contracting triangle has now formed. If it breaks the upper line. Then buy.
Harmonic pattern is forming,consider to short it. Supply zone here. stop loss up to 1920.
Double bottom/top is always a good opportunity to trade. If it fails, exit without hesitation.
Seems the bearish power near exhaustion,so we try to long Euro again. Thchnicaly,AB = CD pattern appears. In weekly chart,abc corrective wave near former bottom,it's a chance for bull.
Harmonic pattern, Previous Low, Weaker motive. First @1953 level.
Now is time to short, after take a long position profit.
A key support horizon line in here. leg CD = 1.62 * AB
Tiny buy near the last low around 1984, and aime for 2001 level,about retracement 62% of all down distances since march 2002, and AB=CD pattern's D leg.
If have no short position,it's chance to enter. Prefer to former idea, and now,another signal is bearlish diagonal.
Double bottom stlil work,after a nice long try,here is the another chance.
Price has almost reached 50% retracement of downside, and AB=CD pattern is likely formed. So,After take a perfect profit,we will try to short Gold at this level, stop loss level @ 1983.20 up.
prefer to another link. Butterfly pattern. See the link below.
The engulfing candle shows the beginning of buying,In combination with the structural breakout on the hourly frame, the euro is expected to start rising.
Here's the famouns hormonic pattern:Butterfly. So,Put it in,first target aimde line resistent,seems @ 1.0907 level now.