The reason I am publishing this one is because all stars are getting aligned for a short of EURUSD around 1.0800
- AB=CD potential completion
- 1.0800 even handle
- Potential completion
- 1.618 inversion of last move down
- 1.272 - 1.414 extension of last move up
- Fib confluence
- historical resistance with nice rejection at this level
SL should go above the previous high and which are around 1.0830
As always, trading is a game of probabilities and finding an edge. With all the above in mind, I think we have an edge and the probability of a EURUSD reversal in the zone. But as you probably know by now, the market is always right.
Let me know what you think ... and if you appreciate the idea, thanks for hitting that like button.
SL : 1.0845
TP1 : 1.0675
TP2 : 1.0610