moneymaking
Short

EURUSD: TWO BEARISH PATTERNS WITH HIDDEN BEARISH DIVERGENCE !!!

FX:EURUSD   Euro Fx/U.S. Dollar
a year ago
Hello Traders,

Here we have two really good bearish harmonic patterns on the FX:EURUSD             and both are very close to their completion points. One of the pattern is bearish bat pattern, while the other one is bearish crab pattern. We are also seeing hidden bearish divergence on the RSI , which is an indication of weakness in the bullish strength. I have color coded all the targets and stop loss levels on the chart above, so that no one gets confused between the two harmonic patterns . See the chart above for more details.

NOTE #1: I will also be posting the weekly outlook on this pair very soon, so make sure to check that out as well.

NOTE #2: I recently created a twitter account, where I will also be posting all of my future trade ideas, side by side, with all the updates. Anyone who is interested, can follow me on twitter as well. You can go straight to my twitter account by clicking my twitter username on the top of my profile page. Just in case, my twitter username is: moneymaking2016

Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
a year ago
Comment: UPDATE #1: Hello traders, just a reminder that bearish crab pattern entry has been triggered. All the BEST to everyone :)
I am also watching that level.
#EURUSD Short Idea (Bat Pattern)
+1 Reply
moneymaking TradeYodha
a year ago
Hey mate, great, All the BEST to you :)
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ChatchaiVong
a year ago
thank so much..
+1 Reply
moneymaking ChatchaiVong
a year ago
No problem mate :)
Reply
GovindSaki
a year ago
i am agree with you and your chart....
+1 Reply
moneymaking GovindSaki
a year ago
Hey mate, thank you. All the Best :)
Reply
Target 1 looks doable, but 2, not so sure.
+1 Reply
moneymaking IvanLabrie
a year ago
Hey mate, yeah we are already seeing rsi divergence on 4 hour with potential double top, this could turn out to be a 2618 trade if we break below structure :)

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