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Daniel.Dalo
Jun 23, 2014 4:41 PM

EURUSD - Some opportunities here!! Short

Euro Fx/U.S. DollarFXCM

Description

Here are some possibilities to trade off in the EURUSD pair:

1) Blue Gartley completion at 1.36250
2) Orange Bat completion at 1.35578
3) Supply level at 1.36300 (big round number as well)

I'm not convinced right now with these patterns as they lack strong structure at the completion point D. I mean, there is a bit of structure, but I would prefer to see how price reacts to it before taking any decision.

About the supply level, it has been tested once, but had a very strong rejection of price, so I will probably take this trade.

Good luck to everyone!!
Comments
NQunlocked
Remember the heiken ashi strategy ? :)
NQunlocked
That red median line is strong resistance!!
Daniel.Dalo
Thank you very much Hamza! I do remember :) I'll take a look on that one, good luck!
ngalimzaini
tks
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