TradingView
DAVID_GIRALDO
Feb 3, 2016 10:56 PM

eur patterns 

Euro Fx/U.S. DollarFXCM

Description

hello traders! I was a bit busy today and missed the exact breakout of the eurusd but ive been having these setups just waiting to see what happens. we currently find ourselves in a small ab=cd pattern which I do expect to retrace back to previous resistance which falls in line with our 38.2% target. now I'm not taking any positions due to the terrible risk to reward ration but we can keep in mind the other ab=cd pattern that might just be coming up to take some profit on. after precisely 2 months we finally got our second bullish impulse leg so lets wait and see what other patterns we can find within the correction.

Trade closed: target reached

Comment

6/3
More