tntsunrise
Long

New Pattern: Inverse AB=CD Move

FX:EURUSD   Euro Fx/U.S. Dollar
2599 10 56
INVERSE AB=CD PATTERN

This Pattern is discovered by My
Co-Founder YOYO WU             .
Thanks for his contribution to share this
pattern with us.

We use the original AB=CD move
measured from the Actualy D point plus the GAP
The Potential Reversal Price Level is
1.0604 which is also the 88.6% FIBO LEVEL
Trade Plan:
Long at 1.0604, SL 1.0450
Aim for a 0.382 AND 0.618 Target
Comment: Nice Reversal!
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There is also a deep bullish crab around that level
snapshot
+1 Reply
tntsunrise TOP Don_Corleone
Good Job! Although I dun trade CRAB pattern. coz the Leg is too long haha
Reply
Just an additional filter for that area.I am already long on Eur tho for another reason,but if the price will move all the way down there,then I am gonna look to get long again.GL!
Reply
tntsunrise TOP Don_Corleone
Good Luck ! Bro
Reply
quantafund1979 tntsunrise
wat is crab
Reply
tntsunrise TOP quantafund1979
also a harmonic pattern. often use 1.618-2.618
Reply
gaman.chopra Don_Corleone
Are you still in this trade considering the Draghi expecting to continue QE and the negative bias for this pair?
Reply
nice..
Reply
thanks for sharing with us.. awesome..
Reply
men thought.. , beautiful:)
Reply
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