edgar.fernandes.98499

EUR/USD - LOOK FOR POSSIBLE PATTERNS FORMING

Short
FX:EURUSD   Euro / U.S. Dollar
2
Hey dear people...

There are two possible bearish patterns (BAT & CRAB) I could see forming. I am currently SHORT, just trying to take the last piece of the BC leg.

I will be looking for opportunity to enter LONG @ around 1.1420's. If the price does not hold there, look for next S/R line @ around 1.1270's which will hit a 61.8 FIB retracement of the last "big" climb up we saw the past days.

FYI, the red dashed lines are strong S/R lines.

Wishes of a happy trading day =)

/E
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