EURUSD Short Opportunity Short

EUR/USDOANDA

Description

⋅ Jul 12, 2017 5:48 AM

OANDA:EURUSD

Euro moved up sharply yesterdays forming nice ABCD pattern, now is a good time to enter short with stops above 1.15

Comment

⋅ Jul 12, 2017 6:06 AM

First target is at 1.1340

Comment

⋅ Jul 12, 2017 9:06 PM

Approaching key support line

Trend Analysis Harmonic Patterns

Comments

ploskyx3

⋅ Jul 12, 2017 6:00 AM

No impossible

FX_CouchPotato

⋅ Jul 12, 2017 6:12 AM

@ploskyx3, If its a valid ABCD pattern, price can reverse sharply, so it's a good chance to close a deal with profit with very little risk, price rarely goes above D point, of course given that the pattern is valid. I am in the trade.