EURUSD. Possible ABCD pattern

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             may reach a new action point before the ECB and mark a new leg down to the trendline . Once the FED rate hike is out of the desk, the only strengh for US Dollar             should come from the risk-off environment.

Next risky events are the ECB decision and Chinese foreign reserves plus trading balance stats. Looks like some of them will not be risk-favorable...

I will short EURUSD             from 1.1270 level, targeting 1.1060. If pattern is confirmed, 1.1060 will be a very good level for entering long-term long positions.
Trade active: Short order active
Trade closed manually: Short order closed at breakeven but the pattern has not been invalidated
Order cancelled: Now invalidated
Trade active: Incredible but the pattern had finally survided. Looking to secure 1.1230 level to short. At least 4H candle has to close below 1.1230
Trade active: Shorting the pair now and will add shorts from 1.1290 if price gets there
Comment: Rejected by 38.2% once again, adding shorts at 1.1261
Comment: Two thirds done, last meters are always the most difficult ones...
Trade closed manually: Last meters failed... Closing shorts
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