kate25
Long

Euro retrace

FX:EURUSD   Euro/U.S. Dollar
362 4 11
Price at bottom of trend, due for a retrace - targeting 8hr supply at 1.2650, if pattern remains intact price should fall to minimum 1.2384. If price breaks above lowest supply area, area of interest would be last touch on bottom trend line - 1.2859. Overall pattern appears to be an untraditional three drive pattern.

snapshot


Price at top of channel and at demand -top of demand 1.2659 bottom 1.2650 - supply at 1.2769 - buy here is risk to bottom of demand
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excellent analysis
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1 hr view
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