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MountOlympusFx

Bye Bye EURUSD (Sell). Weekly, Daily & 1hr

Short
Euro / U.S. Dollar (FX:EURUSD)  
MountOlympusFx Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURUSD Forex
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trendanalysis harmonicpatterns chartpattern eurusd forex
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EURUSD Thesis

- Weekly: Last weeks candle closed as a huge bearish candle closing below 1.1050 psychological zone. New lows were formed at 1.0985.

- Daily: After expansion to the downside creating new lows price has now retraced up to 1.1050 for a retest after break below. Could now see a sell off to next target 1.0930.

- 1hr: Could sell now but prefer one more test of the 1hr launch pad then look for a sell off to 1.0930.
Trade active
Trade closed manually:
Exiting for now because of NFP. Will look to enter next week if opportunity presents itself
Trade active
Trade closed: target reached
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