MaryJane
Short

TP reached! New H&S ?

FX_IDC:EURUSD   EURO / US DOLLAR
73 0 16
We have seen the dead cat bounce - the pair reached the 0,38 fibo-retracement. Now a decision has to be made.
Prices above the last high ( 1,139) will open the possibility that the pair will reach ist flagbodys upper edge at 1,18. (i don`t exspect that!)
Prices below that Level seem to be bearish , the tp would be the flag Bodys bottom @ 1,1.
Prices below 1,1 will Trigger the big flag just a bit. The real Trigger of the flag is 1,047 as mentioned in several analyis before.
Longterm-Flag:
snapshot

Time for a little Dead Cat Bounce with TP @ 1.1325?
Time for a little Dead Cat Bounce with TP @ 1.1325?

If the wedge will be triggered, a little explosion up to the 0,38 fibo @ 1.1325.can be exspected.
Prices below 1.1065 will tighten the downtrend dynamic with target 1.0935

The Draghi-hammer! Former analysis is abundantly valid!
The Draghi-hammer! Former analysis is abundantly valid!

There is nothing more to add! The Pair is bearish furthermore!

Longterm View: LongTerm Swing-Dynamic vs. MidTerm Bearish Flag
Longterm View:  LongTerm Swing-Dynamic vs. MidTerm Bearish Flag

When we have a look at the longterm Chart we see a clear and very wide downchannel. At the beginning of 2015 we have kissed the downtrend channels bottom @ 1,04. From that Level on we started a Rebound nearly till the Minimum correction fibo (38,2) . here is also based the EMA 200 as a resist.
Now the Pair is forming a bearish flag! (blue). This bearish flag will generate a TP at the downside @ below the parity @ 0,965 if it will be triggered.

The cyclical /-or longterm swingview will generate a longterm tp @ the downtrendchannels upper edge @ 1,33! ( Magenta "3"?). On it s way up to that cyclical target several resist zones are based:
-EMA 200: 1,135
-0,38 fibo: 1,18
-0,5 fibo: 1,22
-0,618 fibo: 1,26
-Resistance tone formed of former lows between 1,2-1,25

Last but not least - here is the pullback!
Last but not least - here is the pullback!

These days we have seen an overshooting market. The Pair seemed to beat it s strong resistance Zone but this Zone between 1,139-1,15 could not be conquered sustainably at the Moment.
The Zone turned again into a big resistance Zone.
Prices below that Level turn the Chart again bearish! A possible target at the downside could be the Grey "3" at 1,125
Only Prices above 1,15 will lighten the Chart and generate the TP @ 1,175

TP and MoB-Zone reached
TP and MoB-Zone reached

We have reached my exspected level -the target of the sh-pattern.
Now it s getting very interesting. This Level is a potential selling zone - a MoB - the R/R for a short looks phantastic.
Can the eurusd-0.09% brake through that selling zone, a big buying-signal would be generated.A possible target of the Breakout could be the 62,8 fibo-retracement @ 1,1755 from the move 1,25-1,044.
I exspect a shortterm pullback to 1,1190 ( "3?")

LITTLE INVERSE SHS             ?
Little inverse SHS ?

Will the shs             push the price to the upper edge of the triangle?
Green: preferred Szenario
Gey: Alternative Szenario


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