themarketzone

Several harmonic scenarios towards ECB meeting

FX:EURUSD   Euro / 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 http://goo.gl/gg59or

To subscribe to the newsletters - http://goo.gl/HXjCPV
Follow my blog - http://goo.gl/78KZsl
Subscribe to my Youtube channel - https://goo.gl/q8dbyT
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out