LizzyD
Singkat

EURUSD Short-term view within longer-term bearish view 1hr chart

FX:EURUSD   Fx Euro/Dolar U.S
75 0 5
Price action can turn around at any price point between now and the blue point 'C' and then move up toward the blue 'D' to complete a bearish Gartley . If price action continues to fall beyond the blue 'C' to the pink 'C', it might turn around and move toward the pink 'D' to complete a bearish Cypher . Both patterns would complete around 1.11900, at which point I would enter short for a sharp drop. I intend to enter a quick long scalp when price action reverses toward 'D'.

Let's see if either patterns plays out.

This is not trading advice.
Komen: Looks like price action is favouring the Gartley. Lots of economic data expected for both currencies in the coming hours.

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