RaynLim

EURUSD-Weekly Market Analysis-Mar22,Wk4

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD is on a Bearish Trend, and if you are on plan to long EURUSD like I did, you are in a counter-trend trade. If you have a long EURUSD base on the Bullish Shark setup(link at the bottom), the target2 based on the textbook case has fulfilled its final target level, not for me.

I'm waiting for one of the two different trading opportunities to have an additional trading idea to engage on the counter-trend move.

Opportunity
1.) A Double Bottom setup that touches 1.1019 but does not close below 1.1001
OR
2.) A Bullish Deep Gartley Pattern(depends on where Point C reverse) completes within the Buy Zone.

So, what are your trade plan for this?

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