Forex Analysis – EURUSD Potential Cypher + Potential Bat + Potential 2618
Three different opportunities here on the 60min. Potential bullish Cypher, potential bearish Bat, and a possible 2618 chance with the double bottom coming from the “A” and “C” points of the Bat. price action might be too choppy for a few people to consider the Cypher valid, but if it’s still valid in your rules, then here you go.
In Other View Point – EURUSD UPDATE: Fourth Wave Continues
Wave-3-of-(5) has completed as expected out of the symmetrical triangle and found support close to long term lows as we’d expect from the wave count. Now, I expect further sideways movement in this area with a potential break to the downside coming within the next week or so. when that impulse occurs, i want to sell toward the completion of the fifth wave. I’ve outlined a few potential scenarios.
In Another View Point – EUR/USD reversal pattern confirmed in the Channel
The EUR/USD bullish engulfing pattern from the coincidence of horizontal resistance and channel support presents a long entry chance. The target is base of the last swing low.
Forex Signal – EURUSD buy set up
This seems like like a nice buy if it breakout. EURUSD broke structure and i am expecting one more move up.