Forex Analysis – EURUSD potential bearish cypher + trend + ABCD + 161.8 ext.
Forex analysis – D1 – double bottom, consolidating bands (potential bullish reversal thus not expecting lower lows) H1 – potential bearish cypher + ABCD + 1.618 confluence Entry – potential bearish cypher + minor structure Stops – medium (structure) Profit – medium (previous lows due to the double bottom)
In Other View Point – The upside prevails
Long position above one.0580 with targets at 1.0685, 1.0715, 1.0745. Alternative scenario : below 1.0580 look for more downside with targets at 1.0540, 1.0515. Rsi shows upside momentum.
In Another View Point – EURUSD Bearish Cypher
There’s a bearish cypher pattern setting up on euro with D leg completion at 1.06960. The spike during Asia today nearly created it to the completion point, but not quite, and we’re still waiting for the trade. See below for the entry and exit prices. Entry: 1.06940 Stop loss: 1.07550 Take profit one: 1.06330 Take profit two: 1.05900.
In Another View Point – Cypher patter shorting and a Long opportunity
Good day all after the finishing of the cypher patter we got a golden chance to short and then we got a good probability to go long again all the ratios and targets as per the chart attached.
EURUSD STILL Short
In monthly chart there’s 3 bearish candle that have taken over nine months of bullish run. think about IT; that’s huge|a huge|an enormous|a vast|a colossal} massive bearish power. we ar near the bottom of the bucket. ar we there yet? I dont see a sign yet. we much trade with caution trade with trend take profit when can and cut our losses short I hope this three charts have helped you be more clear on what side of the tracks you want to be on with EURUSD.