Hi guys we have a soon to SHORT opportunity here on the EURUSD Daily timeframe. A confluence of possible potential bearish patterns which is the Bat and Shark that will complete at the 88.60% of the XA leg (starting from the US election down to its lowest latest price) and a bearish Deep Crab at will complete at the 161.80% of the XA extension (which is the BC leg of the bearish Shark Pattern). There could also be a completion of Bearish Cypher that will complete at 1.1094. I could wait already for a reversal signal once there would be already a pattern completion starting on the cypher. And maybe taking short aggressively on the 88.60% price even handle and stops just above the patterns X point.
Targets could be fixed (initial) or could be adjusted depending on future market action and sentiment.
TP1: 1.0864
TP2: 1.0664
Good luck and may the pips be with us all.
Targets could be fixed (initial) or could be adjusted depending on future market action and sentiment.
TP1: 1.0864
TP2: 1.0664
Good luck and may the pips be with us all.
評論:
Take note of the bearish divergence too.
評論:
Bearish Divergence with head and shoulder.
