Several harmonic scenarios towards ECB meeting

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             remained solid against the Dollar unlike other majors ( GBPUSD             , AUDUSD             , NZDUSD             .. )
As ECB meeting approaches, here are several harmonic scenario to monitor:
  • Bearish AB=CD pattern - Completion near 1.13 - Will become valid if $EURUSD will break above the 200 SMA line
  • Bullish Gartley pattern - Aggressive C sell scenario - Valid as long as price remains below 1.1 - Sell 1.09 and target Gartley completion near 1.06 (blue pattern).
  • Bullish Crab pattern - For the extreme bears among you - Sell 1.09-1.1 and target 1.05 and 1.02, pattern completion (green pattern).

Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews for the week

To subscribe to the newsletters -
Follow my blog -
Subscribe to my Youtube channel -
Weekly Newsletter -

Tomer J,
The Market Zone - You trading Edge
Visit my website -
Blog -
Youtube -
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out