Theto_Morifi

Short Idea for EURUSD for the upcoming week

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Theto_Morifi 已更新   
FX:EURUSD   歐元 / 美元
I would highly appreciate your likes and follows but most importantly a comment with your analysis. #follow4follow

The EU has provided a zig zag pattern while inside a major triangle pattern that can be seen on higher time frames. It appears the market has
been forming 3 wave motive moves giving us an AB = CD harmonic pattern that signals price reversal. Points or confluence involve:

trend line
Harmonic pattern
wave pattern
price action

The market has opened with a gap and I anticipate a correction to close it and only then a drop. Therefore my trade levels are as follows:

Entry @ 1.09900
Tps @ 1.09000
@ 1.07800
SL @1.10150

交易結束:目標達成:
Target 1 has been reached, a re-entry for target two would need a confirmation of a channel break and retest.

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