11021992

EURUSD: My mid-term idea

Short
11021992 Updated   
FX:EURUSD   Euro / U.S. Dollar
Hey traders,

I've been waiting for this setup for quite some time now and I feel like now is the right time to publish it. It's been a while since I posted a daily chart. So, what do we have?
  • White AB=CD pattern, completing at 1.09815
  • Black ab=cd pattern, completing at 1.09804
  • 61.8% Fibonacci retracement at 1.09743
  • 50% Fibonacci retracement at 1.09782

You may notice that these are just a few pips apart from eachother, so you can probably guess where the entry is going to be.
Good luck traders! Updates will follow.

PS: It's a bearish setup.
PPS: Yes, it's a messy chart.
Comment:
We also have this bearish trendline at the same area
Trade active
Comment:
+100 pips so far!
Trade closed: stop reached
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