Fundamentally, the euro is not looking so good. But I always trade what is on my charts . Price has formed a Bat pattern and also a cypher pattern (credit goes to user eXcess0070 for informing me there is also a cypher possibility)... Hidden Bullish divergence on the RSI tells me maybe the Euro is not completely done and have some fight left in him. . PRZ zone is between price 1.458 at .886 extension of X to A leg , and 1.428 at .786 fib retracement of X to C leg on Cypher. If price action moves higher we may see a bearish reversal in .886 and .786 PRZ
Cypher- Blue
Bat- Green
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Cypher- Blue
Bat- Green
******************************************************************************
For inquires of education, live trading room, or prop trader funding email
epicdaytrading@gmail.com
Skype: epicdaytrading
PH: +1 940-448-0281
******************************************************************************