Hello Traders.
Few hours ago EUR/USD price went as it's expected in my previous idea. (link mentioned down)
So now there is Harmonic Pattern AB=CD Forming and the price is going towards resistance level where i set my sell limit orders.
Personally, i i set my TP at the Weekly Trend Resistance Line (Which is already broken) to reduce risk of retest.
In addition, RSI is at overbought area, same for CCI.
Notes: Price might go down again inside the weekly trend because Weekly Trend is Weak ADX of Weekly chart is under 25 for more than 30 bars.
Take care! Stay safe!
HIT THAT LIKE BUTTON AND COMMENT DOWN YOUR OPINION I AM SOMEHOW CONFUSED!'
Few hours ago EUR/USD price went as it's expected in my previous idea. (link mentioned down)
So now there is Harmonic Pattern AB=CD Forming and the price is going towards resistance level where i set my sell limit orders.
Personally, i i set my TP at the Weekly Trend Resistance Line (Which is already broken) to reduce risk of retest.
In addition, RSI is at overbought area, same for CCI.
Notes: Price might go down again inside the weekly trend because Weekly Trend is Weak ADX of Weekly chart is under 25 for more than 30 bars.
Take care! Stay safe!
HIT THAT LIKE BUTTON AND COMMENT DOWN YOUR OPINION I AM SOMEHOW CONFUSED!'
