pixi

Hike or not Hike, that's the question

FX:EURUSD   歐元 / 美元
Here 2 patterns projection for "anticipate" the Fed announcement about the rates.

If market is reacting logically (that's not always the case), and if price reaches one or the other PRZ:

Fed's rate hike: Eurus should be bearish
Pattern : Gartley bearish

No change: Eurus should be bullish
Pattern : Bat Bullish

Just an idea, not a trade for the moment.
Preference goes to Bearish Gartley.

Note : likely bullish gartley pattern for USDollar

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