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glennmercer

Long EURUSD: Crab + Shark + Fan Support + S/R Zone

Long
Euro / U.S. Dollar (FX:EURUSD)  
glennmercer Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD euro Crab Shark Bullish Crab glennmercer gmercerfx fibfans speedfan fansupport FAN S/R
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eurusd euro crabpattern sharkpattern bullishcrab glennmercer gmercerfx fibfans speedfan fansupport fan s_r
EURUSD may potentially complete a pair of bullish harmonic patterns within a very tight PRZ. The PRZ is confluent with a horizontal support/resistance zone and depending on timing may find added support from the .5 fib fan taken from structure low to structure high. SL is placed beyond 1.272XA with targets at .382CD and .618CD retracements of the bullish advanced patterns.

Confluence in the PRZ:
  • Bullish shark pattern completion
  • Bullish crab pattern completion
  • Strong S/R zone
  • .5 fib speed fan support
  • TCT

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Trade active
Trade closed: stop reached:
-27 Pips

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