EURUSD Below 1.0000? Harmonic Pattern clusters
Hey traders: I thought if giving a go for a longterm analysis. Here it is.
Pattern confluences: There is a Bat pattern completion in D1 chart as well as Ab=CD completion in monthly chart and both the pattern formed on the previous structure support and also I have a link attached of a falling wedge pattern in hourly chart for day traders So over all it gives a strong reason for long traders to hold their position and see whether its worthy enough to take their long profits and on the other side. We have a Bat pattern about to complete in Monthly Chart at 0.90948. The Chart shows series of Lower lows, it will be not surprising to see Eu below 1.0000.
Pattern confluences: There is a Bat pattern completion in D1 chart as well as Ab=CD completion in monthly chart and both the pattern formed on the previous structure support and also I have a link attached of a falling wedge pattern in hourly chart for day traders So over all it gives a strong reason for long traders to hold their position and see whether its worthy enough to take their long profits and on the other side. We have a Bat pattern about to complete in Monthly Chart at 0.90948. The Chart shows series of Lower lows, it will be not surprising to see Eu below 1.0000.
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