Zeheart
Short

Possible FALL after some retracement up to certain level

FX:EURUSD   Euro / U.S. Dollar
339 2 1
Potential Bullish Butterfly Pattern is in emerging now... Was hoping for price to push up to at least 61% to 88% retracement level prior for the next reversal. =)

The long rectangular will act as a strong reversal level where all fibo cluster together..

But of course, I do agree that price can fall anytime from now as in it has already met the minimum requirement for forming the 3rd leg of the pattern..
Let's pay attention to 1.3366 level, It can be a good zone to sell, but if the price broke it easily, or simply doesn't react the price can make a five wave extention to the upside.
Reply
Zeheart Scloneh
Yo.. Thanks for agreeing ... current price is getting near to the level.. will see whether price makes a U turn and head down or not hehe =P
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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