We have double bottom at 1.3511, ABCD move complete at 100% of XA. The Time of XA=AD. Buy at 1.3530 Stop Loss below 1.3511 Target 1.3580 (previous suport level and missed daily pivot from 16/7)
I would wait for this price to go up and then short it, big bearish sentiment at this time. The outlook for EUR is bearish also. You can not predict and upswing in this current market conditions. Why lose 19 pips.
KPeykov
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That was a false break out. Bearish trap. The price should close above 1.3528 for today.
seek666
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Agree, look for 1D chart theres three point line that meet at that point. We also didn't close below las low. There's fib confulence at 1.3750.
Ratios are ratios